Discuss about the inflationary bias in the economy, Business Law and Ethics

Discuss about the inflationary bias in the economy

As the costs are lower, there is a greater incentive for the government to expand the money supply. Agents perceive this and so anticipate a faster growth rate of the money supply, and hence expect higher inflation. The optimal response for the government is then to produce this higher level of inflation. In equilibrium there is now a greater level of inflationary bias in the economy.

Posted Date: 10/1/2013 2:39:21 AM | Location : United States







Related Discussions:- Discuss about the inflationary bias in the economy, Assignment Help, Ask Question on Discuss about the inflationary bias in the economy, Get Answer, Expert's Help, Discuss about the inflationary bias in the economy Discussions

Write discussion on Discuss about the inflationary bias in the economy
Your posts are moderated
Related Questions
Explain the basic criticism of the stages framework The basic criticism of the stages framework is that it, in a formal sense, parallels the cognitive steps of the rational ap

High Court Registrars Therefore these are magistrates that who in addition to judicial functions perform administrative responsibility. Thus they are appointed through the Jud

Ask questioMembers of Students for Fair Tuition (SFT) decide to protest rising tuition costs at Gigantic State University (GSU) by taking over Dunfee Hall, the location of GSU pres

Alteration of Capital: A company is empowered by S.63 to alter the provisions of its memorandum of association which relates to its registered or authorised capital. However,

QUESTION 1 Explain clearly how Public Policy making constitutes a major function of Government QUESTION 2 Account for the role of Public opinion in the identification o

State Article 16 of international law Article 16, states that a newly independent State is not bound to maintain in force, or to become a party to, any treaty by reason only of

Question 1: (a) State five differences between Law and Ethics. (b) Define what is meant by a ‘code of ethics' and state its importance for engineers. (c) Define the followin

Create a Poster The summative assessment for the module is a poster session. The poster must take a theoretical perspective, supported by appropriate applied examples The p

Assignment of Share in Partnership Whereas as has been stated, never new partner may be bring in without the consent of all other partners as well like accordingly no partner

FutureEd corp., a Bangladesh based catering company has decided to extend its catering business in the main divisional cities. They have come up with the decision to open up some r