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In what ways may inflation be of benefit to a trader and the growth of the economy?

Give ways in which inflation may be of benefit to a trader and the growth of the economy.

Answers


Maurice
(i) Increased production.

(ii) Better utilization of available resources.

(iii) Incentives to investors.

(iv) Motivation to work.

(v) Seller may earn more income.
maurice.mutuku answered the question on August 10, 2017 at 07:02

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