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  • Economy

    Recession VS Inflation

    Posted by Nancy M on October 21, 2022 at 2:59 am

    Inflation is referred to as the situation when the price level of goods and services rise, which leads to decline in the purchasing power in the economy or in other words decreases the buying power of the money. Recession is said to be a period of negative growth.

    Share your opinion with us!

    Nancy M replied 1 year, 6 months ago 1 Member · 0 Replies
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