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Buy custom What actions might a government take in order to reduce the rate of inflation in the economy?

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Topic: Miscellaneous
Number of pages / Number of words: 4 / 923
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This is rarely sufficient on its own. Wage inflation normally falls when the economy is heading into recession and unemployment starts to rise. This causes greater job insecurity and some workers may trade off lower pay claims for some degree of employment protection.

Long-term policies to control inflation

Labour market reforms

The weakening of trade union power, the growth of part-time and temporary working along with the expansion of flexible working hours are all moves that have increased flexibility in the labour market...


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This causes greater job insecurity and some workers may trade off lower pay claims for some degree of employment protection.

Long-term policies to control inflation

Labour market reforms

The weakening of trade union power, the growth of part-time and temporary working along with the expansion of flexible working hours are all moves that have increased flexibility in the labour market...


Essay fragment

General points of the essay

Market Economy Vs Command Economy China’s Growing Economy—Helped or Hindered U.S. Economy Command Economy Vs Free Market Economy Effects Of The National Minimum Wage On Unemployment And Inflation Government Policy and How Economy is Affected Government Spending Influences Economy How has the level of employment/unemployment and national minimum wage legislation impacted on the economy as a whole and how will this effect the economy in the years to come? Is The World Heading For A Global Recession The Chinese economy and hte effects it will have on the Canadian economy Will Inflation Be The Major Problem Of Hong Kong Economy Government Interactions with the Economy What actions might a government take in order to reduce the rate of inflation in the economy? The Federal and State Minimum Wage Growth, and Inflation Unemployment & the Economy Why an economy may enter a recession

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