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Explain who loses from inflation and who loses from unemployment?
Namuira
explain who loses from inflation and who loses from unemplyment
Wiki User
∙ 15y ago
Wiki User
∙ 15y agoPeople with savings, because the value of the money is reduced (unless the interest rate is equal to or higher than the rate of inflation)
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Which was the decade of high inflation and high unemployment?
Which was the decade of high inflation and high unemployment
What does the Phillip's Curve illustrate?
A graph that shows that there is a relation between unemployment and inflation: One can either have a high inflation and low unemployment or low inflation with high unemployment.
If inflation falls why would unemployment rise?
When economists look at inflation and unemployment in the short term, they see a rough inverse correlation between the two. When unemployment is high, inflation is low and when inflation is high, unemployment is low. This has presented a problem to regulators who want to limit both. This relationship between inflation and unemployment is the Phillips curve. The short term Phillips curve is a declining one. Fig 2.4.1-Short term Phillips curveThis is a rough estimation of a short-term Phillips curve. As you can see, inflation is inversely related to unemployment. The long-term Phillips curve, however, is different. Economists have noted that in the long run, there seems to be no correlation between inflation and unemployment.
Economic term for an economy with rising inflation and unemployment?
This is called inflation or more precisely "price inflation".
When there is high inflation in country what are the measures taken by nation govt?
Govt measures inflation status by using economic policy instrument, fiscal and monetary policy directed toward market structure and the level of unemployment rate in the economy, because inflation and unmployment are corrolated. Finaly Govt mesure unemployment through inflation and inflation through unemployment.
Which was the decade of high inflation and high unemployment?
Which was the decade of high inflation and high unemployment
What does the Phillip's Curve illustrate?
A graph that shows that there is a relation between unemployment and inflation: One can either have a high inflation and low unemployment or low inflation with high unemployment.
Who loses from unemployment?
i do
Can unemployment and inflation coexist?
no
How are inflation and unemployment related in Singapore?
Changes in wages imply changes of inflation in Singapore or most other countries. The Philips curve shows how inflation and and unemployment is related.
How did inflation affected the Roman Empire?
inflation happens when money loses its value and it affected the Roman Empire.
If inflation falls why would unemployment rise?
When economists look at inflation and unemployment in the short term, they see a rough inverse correlation between the two. When unemployment is high, inflation is low and when inflation is high, unemployment is low. This has presented a problem to regulators who want to limit both. This relationship between inflation and unemployment is the Phillips curve. The short term Phillips curve is a declining one. Fig 2.4.1-Short term Phillips curveThis is a rough estimation of a short-term Phillips curve. As you can see, inflation is inversely related to unemployment. The long-term Phillips curve, however, is different. Economists have noted that in the long run, there seems to be no correlation between inflation and unemployment.
What has the author Anne Romanis Braun written?
Anne Romanis Braun has written: 'Inflation and unemployment in Canada and other industrial countries' -- subject(s): Effect of inflation on, Inflation (Finance), Unemployment
Economic term for an economy with rising inflation and unemployment?
This is called inflation or more precisely "price inflation".
When there is high inflation in country what are the measures taken by nation govt?
Govt measures inflation status by using economic policy instrument, fiscal and monetary policy directed toward market structure and the level of unemployment rate in the economy, because inflation and unmployment are corrolated. Finaly Govt mesure unemployment through inflation and inflation through unemployment.
What has the author Gwillym J Allen written?
Gwillym J. Allen has written: 'Unemployment and inflation in Canada' -- subject(s): Inflation (Finance), Unemployment
What social concerns are economists concerned with?
They attempt to explain social concerns such as unemployment, inflation, economic growth, business cycles, tax policy, or farm prices.
