Inflation in sweden, Macroeconomics

Assignment Help:

Inflation in Sweden

Figure

Inflation in Sweden 1830 - 2010. Source: SCB.

2086_Inflation in Sweden.png

There are four aspects which are interesting when we look at inflation data for Sweden

  • During 1800s, when Sweden was primarily an agricultural society, deflation where almost as common as inflation.
  • The 'spikes' in 1918-1922 began with a speculative boom right at the end of World War I, that in turn was followed by a deep depression.
  • In the period from the end of Second World War 1945 to the economic crisis of 1990s, Sweden had continuous inflation with no periods of deflation. Inflation was principally high during the 1970s and the 1980s.
  • From 1992 onwards Sweden has had a low and a comparatively constant rate of inflation with regular periods of deflation. A main reason for the low inflation in Sweden, as for most OECD countries, is priority given to combating inflation. Sweden now has an inflation target aiming to keep inflation to between 1% and 3%.

Related Discussions:- Inflation in sweden

Consumer equilibrium -cardinal theory, Consumer Equilibrium: According...

Consumer Equilibrium: According to our assumption for 'x' units consumption of the commodity, gross utility obtained by the consumer is U(x).But for this, the consumer must sp

Change in the dependent variable, All other things being held constant, wha...

All other things being held constant, what is the change in the dependent variable for a unit change in the first independent variable for the multiple regression equation: ? = 5.2

Define effective exchange rate, Q. Define Effective exchange rate? Supp...

Q. Define Effective exchange rate? Suppose that we are interested in external competitiveness of a country, let's say Japan. To do this we could look at evolution of a particul

Component of balance payments, Component of balance payment: BOP is a ...

Component of balance payment: BOP is a statement  that summarises all the economic transactions between residents (individuals, companies and other organisations) of the home

Macroeconomic policy issues facing the u.s. economy, While referring to the...

While referring to the "EYE on YOUR LIFE" section on, discuss the macroeconomic policy issues facing the U.S. economy today based on the economic concepts you have learned in this

Pr0ject 2, how long will be the solution

how long will be the solution

Determination of C - Im and NT, Once Y is determined, almost all of the oth...

Once Y is determined, almost all of the other variables are determined since they are either exogenous or they depend on Y. From Y we can determine C by consumption function, I m

Trade, What is the difference between heckscher_olin theory and comparative...

What is the difference between heckscher_olin theory and comparative theory

Calculating the accounting and economic profit , Kate uses a sewing machin...

Kate uses a sewing machine to alter and repair clothes for one year in her own small business, Kate's Tailoring. She earns $20,000 during the year for various sewing projects. In t

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd