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Answer to Question #54946 in Macroeconomics for rumee

Question #54946
Under what circumstances might it be possible to reduce inflation without causing a recession?
Expert's answer
If we reduce production costs, prices will not rise and inflation will be stopped. It is possible when new technologies are implemented in production process. Also these technologies create new working places (employment) and increase level of production (GDP), so there will not be recession in economy.

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