Which was the decade of high inflation and high unemployment
CPI is the indicator of inflation in any country.If CPI is high it means inflation is high.
no ,but it is caused by econemy
A graph that shows that there is a relation between unemployment and inflation: One can either have a high inflation and low unemployment or low inflation with high unemployment.
Germany implemented policies to help stop high inflation.
Which was the decade of high inflation and high unemployment
CPI is the indicator of inflation in any country.If CPI is high it means inflation is high.
no ,but it is caused by econemy
A graph that shows that there is a relation between unemployment and inflation: One can either have a high inflation and low unemployment or low inflation with high unemployment.
Germany implemented policies to help stop high inflation.
High rates.However, high interest rates are usually a consequence of high inflation rates and so what matters is not the interest rate but the real interest rate which is the nominal interest rate relative to the inflation rate.Thus a 3% interest rate when inflation is 1% is better that a 5% interest rate when inflation is 4%.
I believe that this is called high inflation or hyperinflation. Hope this helps.
inflation means the price level is very high in the society. more money chasing few goods that s called inflation .
inflation went down, but unemployment remained high
There does not have to be any correlation between the two. High inflation, on the other hand, will decrease purchasing power if salaries don't go up as much as the inflation.
Generally, low inflation is better for society because inflation has costs associated with the reallocation of assets and their value (that is, it costs money for people to change their decisions when inflation changes the value of their goods/services).
high interest rates such as the repo rates and high inflation rate