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1.curb of inflation and create eight hour work days Knights of Labor-[NLU]
2.admitted all workers regardless of skill, race, or position AFL-[Knights Of Labor]
3.to better the bargaining position of workers with employers NLU-[Trade union]
4.to charter national unions and strengthen them to increase bargaining power with their employerstrade unions-[AFL]
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What is the aim of Fiscal policy?
One of the major uses of government fiscal policy is to create stability in the economy. To curb inflation would be another use of fiscal policy.
What is the relationship between interest rates and inflation?
Interest rates and inflation have an inverse relationship. When inflation is high, central banks typically raise interest rates to curb spending and reduce inflation. Conversely, when inflation is low, central banks may lower interest rates to stimulate spending and boost economic growth.
What was a key element of Reagans plan to meet the economic crisis in 1981?
raising interest rates to curb inflation
Can Productivity gains curb inflation?
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.
How can you lower the inflation rate?
Invest your money. Passbook savings accounts are not a good hedge against inflation. Buy something when the price is low, and hope for the best, or put your money into a money market account. In order to do that, you first have to accumulate money. For many people, the best way to start is with a savings account to which they make regular deposits. If you can deposit $50 every two weeks for a year, you will have sufficient funds to invest in a broad range of much better investment tools.
