Analyse the main costs of inflation
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Words: 3825
Pages: 14
(approximately 235 words/page)
Pages: 14
(approximately 235 words/page)
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During the 1960's and 70's European governments, instituted various wage and price controls to reduce inflation. As the inflation grew, Governments perceived it as a greater problem. Within the UK, in the 1980's as the inflation was reaching double figures, voters claimed that it was "public enemy number one." consequently the prime minister, Margaret Thatcher, adopted various extreme measures to combat inflation, which resulted in massive industrial, and political unrest, along with mass unemployment. But
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showed first 75 words of 3825 total
showed last 75 words of 3825 total
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Prentice Hall, 1998. *Beardshaw, Economics; A students guide 3rd edition, Pitman, 1992 *Begg, Fischer, Dornbusch, Economics 6th edition, Mcgraw-Hill, 2000. *Dornbusch, Fischer, Starz. Macroeconomics, 8th edition, McGraw-Hill, 2001. *Fischer, Stanley. Indexing, inflation, and economic policy, Massachusetts institute of technology press, 1986. *Okun, Arthur M. inflation: its mechanics and welfare costs, Brookings papers on economic activity. Washington, D.C., 1975, pp. 351-390 *Sachs, Larrain, Macroeconomics in the global economy, Prentice-Hall, 1993. *Sloman, economics, Harvester Wheat sheaf, 1991. *Taylor, Hall. Macro economics, 5th edition, Norton, 1997.