What impact will high and variable rates of inflation have on the economy? check all that apply?

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Business

Madalynn Harrell

27 February, 23:05

What impact will high and variable rates of inflation have on the economy? check all that apply?

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If there are high and variable rates of inflation, it's hard to predict the next year's rate of inflation. Due to having a high and variable rate of this can negativity impact the cost of living, money, businesses, government entities and more. High inflation rates are not good for the economy or individuals short-term or long-term.