Inflation is a steady rise in the a

Inflation is a steady rise in the average price and wage level. The rise in wages being high enough to raise costs of production, prices grow further re­sulting in a higher rate of inflation and, finally, in an inflationary spiral. Peri­ods when inflation rates are very large are referred to as1 hyperinflation.
The causes of inflation are rather complicated, and there is a number of theories explaining them. Monetarists, such as Milton Friedman, say that inflation is caused by too rapid increase in money supply and the correspond­ing excess demand for goods.
Therefore, monetarists consider due government control of money supply to be able to restrict inflation rates. They also believe the high rate of unem­ployment to be likely to restrain claims for higher wages. People having jobs accept the wages they are being paid, the inflationary spiral being kept under control. This situation also accounts for rather slow increase in aggregate demand.
On the other hand, Keynesians, that is, economists following the theory of John M. Keynes, suppose inflation to be due to processes occurring in money circulation. They say that low inflation and unemployment rates can be ensured by adopting a tight incomes policy.
Incomes policies, though, monetarists argue, may temporarily speed up the transition to a lower inflation rate but they are unlikely to succeed in the long run2.
The costs of inflation depend on whether it was anticipated and on the extent to which the economy's institutions allow complete inflation adjustment.
The longer inflation continues, the more the economy learns to live with it. Indexation is a means to reduce the costs of some inflation effects. In dexed wages or loans mean that the amount to be paid or repaid will rise with price level. Indexation has already been introduced in countries that had to live with inflation on rates of 30 or 40 percent for years. And the more countries adjust their economies to cope with inflation, the closer they come to hyperinflation.
Indexation means that high rates of inflation are much more likely to continue and even to increase.

Результаты (английский) 1:

Inflation is a steady rise in the average price and wage level. The rise in wages being high enough to raise costs of production, the prices grow further resulting in a higher rate of inflation and, finally, in an inflationary spiral. Periods when inflation rates are very large are referred to as1 hyperinflation.The causes of inflation are rather complicated, and there is a number of theories explaining them. Monetarists, such as Milton Friedman, say that inflation is caused by too rapid increase in money supply and the corresponding excess demand for goods.Therefore, monetarists consider due government control of money supply to be able to restrict inflation rates. They also believe the high rate of unemployment to be likely to restrain claims for higher wages. People having jobs, accept the wages they are being paid, the inflationary spiral being kept under control. This situation also accounts for the rather slow increase in aggregate demand.On the other hand, Keynesians economists, that is, following the theory of John m. Keynes, suppose to be inflation due to processes occurring in money circulation. They say that the low inflation and unemployment rates can be ensured by adopting a tight incomes policy.Incomes policies, though, monetarists argue, may temporarily speed up the transition to a lower inflation rate but they are unlikely to succeed in the long run2.The costs of inflation depend on whether it was anticipated and on the extent to which the economy's institutions allow complete inflation adjustment.The longer inflation it, the more the economy learns to live with it. Indexation is a means to reduce the costs of some inflation effects. In dexed wages or loans mean that the amount to be paid or will rise with benchmark price level. Indexation has already been introduced in countries that had to live with inflation on rates of 30 or 40 percent for years. And the more countries adjust their economies to cope with inflation, the closer they come to hyperinflation.Indexation means that high rates of inflation are much more likely to continue and even to increase.

Результаты (английский) 2:

Inflation is a steady rise in the average price and wage level. The rise in wages being high enough to raise costs of production, prices grow further resulting in a higher rate of inflation and, finally, in an inflationary spiral. When inflation rates Periods are very large are referred to as1 hyperinflation.
The causes of inflation are rather complicated, and there is a number of theories explaining them. Monetarists, such as Milton Friedman, say that inflation is caused by too rapid increase in money supply and the corresponding excess demand for goods.
Therefore, due monetarists consider government control of money supply to be able to restrict inflation rates. They also believe the high rate of unemployment to be likely to restrain claims for higher wages. People having jobs accept the wages they are being paid, the inflationary spiral being kept under control. Situation also accounts This for rather slow increase in aggregate demand.
On the other hand, Keynesians, that is, economists following the theory of John M. Keynes, inflation suppose to be due to processes occurring in money circulation. They say that low inflation and unemployment rates can be ensured by adopting a tight incomes policy.
Incomes policies, though, monetarists argue, may temporarily speed up the transition to a lower inflation rate The but they are unlikely to succeed in the long run2.
The costs It depends on inflation of whether it was anticipated and on the extent to which the economy's institutions allow complete inflation adjustment.
The longer inflation continues, the more the economy learns to live with it. Indexation is a means to reduce the costs of some inflation effects. In dexed wages or loans mean that the amount to be paid or repaid will rise with price level. Indexation has already been introduced in countries that had to live with inflation on rates of 30 or 40 percent for years. The more countries And adjust their economies to cope with inflation, the closer they come to hyperinflation.
Indexation means that high rates of inflation are much more likely to continue and even to increase.

Результаты (английский) 3:

inflation is a steady rise in the average price and wage level. the rise in wages being high enough to raise costs of production, prices grow further re­sulting in a higher rate of poland and, finally, in an inflationary spiral. Peri­ods poland rates are very large and are referred to as1 hyperinflation.
the causes of poland are rather complicated.and there is a number of theories out them. Monetarists, such as milton friedman, say that poland is caused by too rapid increase in money supply and the correspond­ing excess demand for goods. therefore, monetarists consider that government control of money supply to be able to restrict poland rates.they also believe the high rate of unem­ployment to be likely to restrain claims for higher wages. people can not accept the wages they are being paid, the inflationary spiral being kept under control. this situation also accounts for the rather slow increase in aggregate demand. on the other hand, Keynesians, that is, economists following the theory of john m. keynesreform poland to be due to processes occurring in money circulation. they say that low poland and unemployment rates can be ensured by adopting a tight incomes policy.
Incomes policies, though, monetarists argue, may temporarily speed up the transition to a lower rate, but they are unlikely poland to succeed in the long run2.
the costs of poland depend on whether it was anticipated and on the extent to which the economy 's institutions allow complete poland adjustment.
the longer poland continues, the more the economy learns to live with it. Indexation is a means to reduce the costs of some poland effects. in dexed wages or loans mean that the amount to be paid or repaid will rise with the price level.Indexation has already been introduced in countries that had to live with poland on rates of 30 or 40 percent for years. and the more countries adjust their economies to cope with poland, the closer they come to hyperinflation.
Indexation means that high rates of poland are much more likely to continue and even to increase.