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vellojo vellojo
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7 years ago
"UK Inflation Surges to 16-year High"
According to the story, "High inflation in July will also lead to ... "further rises next January ..."   Economists also noted that inflation may get worse because the current data did not yet include "announced rises in gas and electricity prices."
www.ft.com, 8/12/2008

The story reflects the concept of
A) the short-run Phillips curve.
B) cost-push inflation.
C) demand-pull inflation.
D) the long-run Phillips curve.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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amishamish
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7 years ago
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vellojo Author
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#2
7 years ago
Checks out after I submitted my assignment Smiling Face with Open Mouth
Studying economics @ Edinburgh U
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#3
3 years ago
TY
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#4
3 years ago
Thank you
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