Economics help

[luce]

Hey AS economics here

Discuss the benefits of a fall in the rate of inflation

so basically just need a list of things that are good about low inflation - i know what is wrong with high inflation but this has stumped me a bit!

So far i have high business and consumer confidence because there will be less uncertainty surrounding the stability of prices.

+rep for any helpful replies :)

[Triz]

If I reply, would I be doing your assignment for you? lol

[luce]

No it's part of my revision i'm doing practice papers i have some more stuff now i'm just collecting ideas

other things are:

Why the inflation rate has fallen - some are good some are bad
Lower menu costs
Exports more internationally competitive

also it's like an essay so it's only like to jog my memory!

[Triz]

Try reading this short article:
http://www.economicshelp.org/blog/inflation/effects-of-a-falling-inflation-rate/

[luce]

yeah i've read that and it really helped thank you :-)

[Triz]

I thought so too :D
Glad it helped you! Maybe if you strike up a question here then we can further your revision with our replies :)