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Survey of economics
Question: Warning: guessing is not rewarded. You must when necessary to receive full credit. Carefully labe...

Show transcribed image text Warning: guessing is not rewarded. You must when necessary to receive full credit. Carefully label any graphs that you use. Why is inflation bad, i.e., why should we desire low and stable inflation? List at least 3 reasons.

Warning: guessing is not rewarded. You must when necessary to receive full credit. Carefully label any graphs that you use. Why is inflation bad, i.e., why should we desire low and stable inflation? List at least 3 reasons.