Question 2 [50 Marks] – macroeconomic economic indicators Most
developing countries such as South Africa, Zambia, Tanzania,
Mozambique, Nigeria etc., are battling to contain inflation at
desirable levels. On the other hand, some developed economies are
battling with deflation. Using relevant macroeconomic theories to
support your arguments: a. Write a detailed review of the
challenges posed by deflation within an economy. Your answer should
cover all sectors including the business, government and the
society as well as other macroeconomic indicators...