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s_macintyre_6 asked in Social ScienceEconomics · 1 decade ago

What is inflation? How do interest rates affect inflation? What are the different types of unemployment? Which?

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  • Anonymous
    1 decade ago
    Favorite Answer

    Read your text book. It may just enlighten you!!

    Source(s): M.A. Economics 1968
  • Anonymous
    1 decade ago

    Inflation is an increase in general price level due to a demand pull or an increase in money supply.

    High interest rate will curb inflation, decrease spending, decrease investment,decrease money supply. The contrary is also true.

    Many types of unemployment such as cyclical, structural, hidden, frictional, and discouraged.

    Which what?

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