What influences will the high level unemployment rate produce
What influences will the high level of unemployment rate produce?
8.2.2 Stability of the price level Stability of the price level does not mean unchanged individual prices Price level stability means keeping average prices, as measured, say ,by wholesale and consumers price indexes, from fluctuating at all, or from fluctuating beyond narrow limits
8.2.2 Stability of the price level Stability of the price level does not mean unchanged individual prices. Price level stability means keeping average prices, as measured, say ,by wholesale and consumers price indexes, from fluctuating at all, or from fluctuating beyond narrow limits
What factors will cause the change of the price level
What factors will cause the change of the price level ? What factors will cause the change of the price level ?
>The changes in the source of raw material >variations in the efficiency of capital and labor >the introduction of new products >the swings of popular fancy from one product to another material variations in the supply of some goods because of weather conditions. and the like
ØThe changes in the source of raw material, Øvariations in the efficiency of capital and labor, Øthe introduction of new products, Øthe swings of popular fancy from one product to another, Ømaterial variations in the supply of some goods because of weather conditions, and the like
It is widely recognised that a stable price level does not ensure full employment, Stability of the price level can obtain during periods of widespread unemployment, and the mere situation of stability might make little or no contribution toward an expansion in employment
It is widely recognized that a stable price level does not ensure full employment. Stability of the price level can obtain during periods of widespread unemployment, and the mere situation of stability might make little or no contribution toward an expansion in employment