If prices rise by 10 per cent by how much does the value of


Problem

1. If prices rise by 10 per cent, by how much does the value of money fall?

2. How does inflation affect the efficiency with which money fulfils its functions?

3. Are the problems of inflation greater if the rate of inflation is variable?

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Microeconomics: If prices rise by 10 per cent by how much does the value of
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