Relationship between low unemployment and high inflation.

UNIT 15: INFLATION, UNEMPLOYMENT, AND MONETARY POLICY: 15.1 : What’s wrong with inflation? What is the difference between inflation, deflation, and disinflation? • Zero inflation: A constant price level from year to year means that inflation is zero. This is like a stationary car: the car’s location is constant and the distance travelled per hour… Continue reading Relationship between low unemployment and high inflation.

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Question on low unemployment cost

UNIT 15: INFLATION, UNEMPLOYMENT, AND MONETARY POLICY: 15.1 : What’s wrong with inflation? What is the difference between inflation, deflation, and disinflation? • Zero inflation: A constant price level from year to year means that inflation is zero. This is like a stationary car: the car’s location is constant and the distance travelled per hour… Continue reading Question on low unemployment cost

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