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The effects of inflation

  • Jack Harvey
Chapter
Part of the Macmillan Master Series book series

Abstract

Inflation can be defined as a sustained rise in money prices generally. Today the control of inflation is given priority in government policy. To appreciate why, we have to look at the effects of rising prices or — what is the same thing — a fall in the value of money.

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Copyright information

© Jack Harvey 1994

Authors and Affiliations

  • Jack Harvey

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