Inflation can reduce the rate of growth of national living standards because individuals and organizations use resources to protect themselves against the uncertainty of future prices.
Standard detail
7.
Benchmark
Depth 1Parent ID: 2A6039C8206B4B27AC380244FB5952A0Standard set: Grades 9, 10, 11, 12
Original statement
Quick facts
- Statement code
- 7.
- List ID
- 7.
- Standard ID
- 14F450C187794183905D56B9E5FCD2D0
- ASN identifier
- S2604877
- Subject
- Economics
- Grades
- 09, 10, 11, 12
- Ancestor IDs
- 2A6039C8206B4B27AC380244FB5952A0
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US