Economic Perspectives

An introduction to U.S. macroeconomic policy issues, such as how we use monetary and fiscal policies to promote economic growth, low unemployment, and low inflation.

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Friday, October 24, 2008

Important Definitions Related to the Macroeconomic Policy Goal of Low Inflation

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· Inflation is a general increase in the level of most prices in an economy. · The price level represents the prices of most products in an ...
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JOHN BUCK
Jacksonville, Florida
I am a professor of economics at Jacksonville University, where I teach courses in introductory economics, comparative economic development, and globalization. I use this blog to keep in touch with my current and former students. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this resource.
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