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Monetary policy, inflation and growth
Essay specific features
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Written by:
Doris C
Date added:
May 18, 2014
Level:
University
Grade:
A
No of pages / words:
8 / 2121
Was viewed:
5279 times
Rating of current essay:
Essay content:
But, technically, this is not raw inflation; it is an attempt to determine real-life value of money compared to the members of the society in question, adding other factors like increased expectations. Raw inflation measurement does not adjust for expectations, but directly measures the change in the price of goods...
displayed 300 characters
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Raw inflation measurement does not adjust for expectations, but directly measures the change in the price of goods. There are different measurements of price inflation, depending on the basket of goods selected. The most common measures are of consumer inflation, producer inflation and GDP deflators, or price indexes...
displayed 300 characters
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