Saturday, December 14, 2013

Generally economists adhere to the following principle: when you have inflation growth and contract

What does Stagflation? - What does it mean?
Generally economists adhere to the following principle: when you have inflation growth and contraction deflation. Milton angels seafood buffet Friedman (economist and Nobel Prize winner) angels seafood buffet predicted that stagflation was possible, and in the 70s, there was also stagflation. angels seafood buffet The most common approach is based on a change in product demand, however: prices are also depending on the offer. When companies offer less, prices will (at a constant demand) to rise. If production is declining, the price goes up. Stagflation is hard to go against a tax cut may help.
Tags: offer, supply, general, business, tax, bid, deflation, economists, Economic, economist, current, constant growth, inflation, 70s, shrinkage, milton friedman, less, Nobel laureate, prices, production, Stagflate, stagflation, stagnation, outcome, predicted demand
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