76 802
Assignments Done
Successfully Done
In June 2019

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.

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!


No comments. Be first!

Leave a comment

Ask Your question

Privacy policy Terms and Conditions