If you had to make a choice today between a policy that would head off increases in inflation or increases in unemployment,  which one would you choose?

Q: Why Inflation matters?

A: Gross Domestic Product (GDP) refers to the total or final value of all the goods and services that…

Q: If, over time, wages and salaries on average rise at least as fast as inflation, should people have…

A: Inflation rate is the increase in the price level from one period to another.

Q: compare between demand pull and cost push inflation

A: Inflation: It is the situation when there is a rise in the price of goods and services that leads to…

Q: If in the economy there is the problem of inflation, so how government can handle this situation?

A: Inflation refers to the increase in general price level. A very high inflation causes uncertainty in…

Q: Identify several parties likely to be helped and hurt by inflation.

A: During unanticipated inflation occurrence of any redistribution of wealth and income is the…

Q: policy?

A: Majorly, there are two types of policies. 1. Monetary policy 2. Fiscal policy

Q: In what way can inflation distort purchasing power over time for individuals?

A: The economic growth of an economy is generally measured as the growth rate of GDP over time. GDP is…

Q: Does inflation always cause workers losses due to decreases in real wages? Why or why not?

A: Inflation refers to increase in general price level of goods and services over a period of time.

Q: What evidence have you discovered that points to the Classical, Keynesian, and Monetarist theories…

A: Classical economics adopts flexible prices both in the matter of goods and wages. Classical…

Q: What actions can / should the Federal Reserve take to reduce unemployment?  Which type of…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: If, over time, wages and salaries on average rise at least as fast as inflation, why do people worry…

A: Determining the effect of inflation on income

Q: If the nation is currently in a recession, name one thing the Federal Reserve can do to affect the…

A: The monetary policies are those policies which are enacted by the central bank of a country to…

Q: You have the assignment of making a recommendation to the Chairman of the Fed during a period of…

A: Inflation refers to the situation of increasing the general price in the economy.

Q: Explain ways to handle inflation

A: Inflation is the rise in price level in the economy. It can be cost push or demand pull inflation.

Q: Why might the Coronavirus pandemic cause inflation?

A: Inflation is characterized by a situation when there is a continuous rise in prices, indicating a…

Q: What is happening to inflation in the US economy?

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: Describe the fiscal and monetary measures that are normally taken to curb inflation.

A: FISCAL MEASURES 1- The two main important tool of fiscal measures are revenue an dtaxes. 2- To…

Q: If you were the President, what measures or programs will you implement to help curb the inflation…

A: The term inflation exhibits the situation where the general price level in the economy rises and the…

Q: High and unexpected inflation has a greater cost

A: Inflation is always worse for the normal people.

Q: If inflation is less than expected, who benefits—debtors or creditors? Explain.

A: If inflation is less than expected, then creditors will benefit, and debtors will loose. This is…

Q: How did exploration lead to inflation in Europe?

A: Inflation occurs due to increase in money supply in an economy.

Q: Explain Inflation and give an example?

A: Inflation refers to an increase in the overall price level of goods and services in an economy in a…

Q: Is inflation targeting always good? What if we want to keep unemployment low?

A: Inflation targeting has been established in the majority of nations worldwide. The primary duty to…

Q: Why do we need to calculate the average inflation rate?

A:

Q: How can monetary policy address the problem of inflation?

A: Inflation refers to the increase in the price level in the economy. As the price level increases,…

Q: Inflation creates business uncertainties. What fiscal and monetary policy measures are taken to curb…

A: In inflation,price levels are high.Therefore to curb inflation money supply has to be decreased.

Q: In what cases we can use inflation instead of discount rate?

A: The inflation rate is the rate of increase in the general price level in the economy. It measures…

Q: If actual inflation is more than expected inflation,

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: What is core inflation and head inflation in economics?

A: An increase in the general price level of an economy is known as inflation. It implies that the…

Q: Which statement explains how the Federal Reserve can control rising inflation?

A:

Q: Do you think the Phillips curve is a useful tool for analyzing the economy today? Why or why not?

A: А  Рhilliрs  сurve  deрiсts  thаt  there  is  а  trаdeоff  thаt  exists  between  the  rаte  оf…

Q: When would money supply don’t cause immediate inflation in a country

A: Money supply refers to the stock of money in total circulating in the country. It includes printed…

Q: How does “people expecting inflation to happen” cause inflation?

A: Inflation: Inflation shows a sustained increase in the price of goods and services over a period of…

Q: Phillips curve,

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Why should the government not try to make inflation zero?

A: Inflation is the rise in the overall level of prices in an economy.

Q: Describe Inflation and how it is measured? Ascertain the Fiscal and Monetary policies that are…

A: Inflation is defined as the rise in the average price level of commodities and services in the…

Q: Can inflation can only be controlled by increasing productivity?

A: Inflation refers to the continuous increase in general price level in the economy.

Q: During the 2008-2011 financial crisis, two members of Congress proposed reinstituting the military…

A: The military draft was a system wherein all the citizens who are eligible were required to…