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Essay

Virtual Organization

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Issue:

Business

 

Written by:

Jamie D

 

Date added:

December 18, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

22 / 6090

 

Was viewed:

7819 times

 

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Essay content:

That is, prices of the vast majority of goods and services on sale to consumers just keep on rising and rising. Prices change over time so inflation is always given per period of time - per month or per year. Inflation is referred to as either Demand-pull Inflation or Cost Push Inflation or Imported Inflation Demand-pull Inflation Inflation caused by an increase in aggregate demand is called demand-pull inflation...
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Aggregate demand in an economy will rise if spending by governments, consumers and/or firms increases. Consumers will be able to spend more of their incomes if they reduce saving or if a government cuts income taxes. An increase in aggregate demand will cause prices to increase and inflation to rise if firms are unable to increase the supply of goods and services at the same rate as demand because the economy is at or above its NAIRU...
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