if there is more productivity, the average cost to make a unit gets lower, and as a result the price is decreased. Therefore, it can be said that productivity gains help to curb inflation since inflation takes place when prices rise.
What is written here has a high degree of truth, but remember, the fish net is still filled with inflated dollars and the indention will either be light or short in time.
Productivity measures (such as output per worker-hour) and wage rates adjusted for inflation in the United States are:
Reduce the inflation rate
Higher rates of inflation, decrease in business productivity, high unemployment
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Economic productivity has declined in some countries due to low demand and increase in the rate of Inflation.
Productivity measures (such as output per worker-hour) and wage rates adjusted for inflation in the United States are:
Reduce the inflation rate
long-term productivity...
Higher rates of inflation, decrease in business productivity, high unemployment
Everybody have benefited the productivity gains in whirlpool. The workers and the management, the company and the stockholders as well as the customers.
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Economic productivity has declined in some countries due to low demand and increase in the rate of Inflation.
Higher rates of inflation, decrease in business productivity, high unemployment
Debtors gain in the short term as they can repay the load with inflated currancy that is worth less.
Whirlpool achieved increased productivity by changing the production process and by teaching its workers to improve quality.
raising interest rates to curb inflation
James Bullard has written: 'Did the great inflation occur despite policymaker commitment to a Taylor rule?' -- subject(s): Industrial productivity, Inflation (Finance)