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Q: What are the causes and effects of unemployment inflation and poverty?
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What are the causes and effects of poverty in the Philippines?

Some cause and effects of poverty in the Philippines include poor productivity agriculture growth result in families going hungry. Others include high population and a corrupt government bring effects of unemployment and low quality of life.


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Inflation causes people to save on everything. This makes commerce to sell less. Selling less causes unemployment. Unemployment and low consumption cause recession. No inflation implies on high consumption which must be controlled as well, but is much better than inflation and recession.


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What are the causes and effects of unemployment in?

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What are causes and effects of squatter in the Philippines?

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In normal cirucmstances is there a short run tradeoff between the rate of inflation and the rate of unemployment?

Yes. Inflation causes businesses to have to cut costs, and labor is one of the easily cuttable costs. See the Phillips Curve.