- Basic Economic Concepts and Principles
Redistributive effects of inflation
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- Provide an explanation of GDP, unemployment, and inflation as measures of economic activity. Cite recent examples and issues in each area to support your demonstration of understanding.
-Discuss the extent to which you believe these three measures are related, whether or not it is best to discuss each separately, and why you feel this way. You do need to support your reasoning.
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Redistributive effects of inflation are presented.