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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1529 |
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Inflation like I said previously does have effects on the unemployment rate which will rise when the inflation rate falls. Inflation rates are forecasted by analysts to predict what levels they will be at in the near future, although there are expected and unexpected inflation rates it is debatable what the inflation rate will exactly be...
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Ben Bernake the chairman of the Federal Reserve is the man in charge of attempting to keep inflation rates at a comfortable level for the U.S. as well as multiple other issues the U.S. economy faces.
Another additional economic indicator is the interest rate which is the price a borrower pays for money they do not own...
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General points of the essay
What actions might a government take in order to reduce the rate of inflation in the economy?
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