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Inflation
It
Inflation
Cost-Push
Inflation
Money
Supply
EFFECTS of Inflation
Reduces
Reduces
Unemployment
Higher
Wage demands
in Tax Revenue
Hoarding
3. Fiscal Policy
- involves the government changing tax and spending levels in order to influence
the level of Aggregate Demand
5. Wage Control
- Wage growth is a key factor in determining inflation. If wages increase quickly
it will cause high inflation.