Inflation = protracted period of rising prices - PowerPoint PPT Presentation

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Inflation = protracted period of rising prices

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Business Cycle. Recession = real GDP falls in two consecutive quarters ... rate of 3 Cyclical associated with the business cycle. unemployment' Number of unemployed ... – PowerPoint PPT presentation

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Title: Inflation = protracted period of rising prices


1
Monitoring Cycles, Jobs, and the Price Level
Inflation protracted period of rising
prices ? Measured using price index
increases ? GDP deflator broad measure of price
increases over all final goods and
services ? Consumer Price Index (CPI) narrower
measure focused on the consumer
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