有关通货膨胀的短篇英语论文.docVIP

Moderate Inflation Is Beneficial to Society In economics, inflation is the phenomenon of prices of goods and services generally rising in an economy during a period of time (Barro 895). There are complex factors contributing to the phenomenon and yet no economist has a definite conclusion. Inflation is more commonly induced by increases in aggregate demand (Gordon 728). Through analyzing the causes, it is believed that moderate inflation is beneficial to society in many aspects. Demand inflation is generally induced by private and government spending and it’s good for economic