Unit 4.8.4 - Consequences of inflation and deflationThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the consequences of inflation and deflation for (1) consumers, (2) workers, (3) savers, (4) lenders, (5) firms, and (6) the economy as a whole.In 2022, almost half of the world"s countries experienced double-digit inflation rates. A few countries experienced inflation rates...