Discussion question on inflation

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Discussion question on Inflation

To show the gradual development of inflationary pressures in the postwar U.S. economy, and to show why these pressures posed problems for policymakers and also for Keynesian economics.

Objectives:

By inflation, we mean a general rise in the overall price level as measured by a price index, say the Consumer Price Index (CPI).

Reference no: EM13744212

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