Main Questions on Inflation
● How to measure the price level?
● What factors affect the price level in an economy?
● What are the effects of inflation on the economy?
● The relationship between inflation and unemployment
Additional Questions on Inflation
1. Why has the US economy been experiencing a high inflation rate?
2. Who determines prices? Or who is in the position to raise the prices?
3. Why do employers (CEOs or shareholders) raise the prices?
4. How can employees contribute to a higher price?
5. What are the impacts of inflation on income distribution?
Measuring Price
Consumer Price Index
Producer Price Index
GDP Deflator
● How to measure the price level?
● What factors affect the price level in an economy?
● What are the effects of inflation on the economy?
● The relationship between inflation and unemployment
Additional Questions on Inflation
1. Why has the US economy been experiencing a high inflation rate?
2. Who determines prices? Or who is in the position to raise the prices?
3. Why do employers (CEOs or shareholders) raise the prices?
4. How can employees contribute to a higher price?
5. What are the impacts of inflation on income distribution?
Measuring Price
Consumer Price Index
Producer Price Index
GDP Deflator
