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The Effects Of Inflation
Beginning of Essay
" A pair of inflation indicators released Friday showed that inflation is on the rise", is the article that I chose to review. I found the article on the Wall Street Journal's web page. In it there are different links to current business articles, stock market u .... Middle of Essay .... for the fourth straight month in October to 109.0 from a downwardly revised 108.7 in September."
With the rise of material costs it is a clear indicator of inflation. Inflation is clearly measured by the price index such as those numbers stated above. Price Index clearly measures the general level of prices in any year relative to prices in a base period. There are different types of inflation one is Demand Pull Inflation; meaning "changes in the price level are attributed to an excess of total spending beyond the economy's capacity to produce. Because resources are fully employed, the business sector cannot respond to this excess demand by expa ....
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Words: 707 - Pages: 3
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