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Introduction to unemployment more inflation and more credit expansion are the only remedy against the evils which inflation and credit expansion have brought. If unemployment is high, inflation will be low if unemployment is low, inflation will be high the phillips curve and aggregate demand share similar components the phillips curve is the relationship between inflation, which affects the price level aspect of aggregate demand, and unemployment, which is dependent on the real output portion. Anti essays offers essay examples to help students given any level of unemployment was related to higher levels of inflation unemployement and inflation.
Free sample research essay: relationship between inflation and unemployment inflation, unemployment and growth trend in australia. Unemployment and inflation are two completely different economic issues that are, surprisingly, very much related to one another when dealing with both of these economic factors, it is important to understand that these topics are an extremely important part of today's economic world.
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