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Miscellaneous
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| Number of pages / Number of words: |
11 / 3002 |
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When the rate of inflation is measured in this way one can see, that over the last few years inflation has been relatively stable about its' trend. This is in part, a result of the steady growth of GDP over the same period, and is testimony to the success of the Federal Reserve Board's monetary and fiscal policies...
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The rates of inflation over the last 10 years are graphically illustrated in Appendix 3A. Cost-push inflation incurs when the prices of inputs for production increase and thus cause profit margins to diminish. If firms are unwilling or unable to accept the declination in operating income, they will pass these increases on to consumers in the form of increased prices...
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General points of the essay
the rising trend of inflation in australia
What actions might a government take in order to reduce the rate of inflation in the economy?
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