A explain how the mechanism described here works b how


On the topic of purchasing power parity, the conventional wisdom has been that inflation is bad for the economy. If our inflation is running higher than our trading partners' inflation, according to this argument, our growth slows and jobs are lost.

a. Explain how the mechanism described here works.

b. How could this problem be avoided without curbing our inflation?

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Business Management: A explain how the mechanism described here works b how
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