What are the effects of inflation on consumption of household?
How the inflation affect consumption patteern of household in an economy espcilly in nigeria
Answer:
Go buy as much stuff on credit as possible since money will be less valuable. Example, a 50,000 house with 1000% hyperinflation that house would be extremely cheap.
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Answer:
Go buy as much stuff on credit as possible since money will be less valuable. Example, a 50,000 house with 1000% hyperinflation that house would be extremely cheap.
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