Since the end of World War II, the United States has experienced almost continuous inflation - the general rise in the price of goods and services. The costs of inflation are related to its rate, the uncertainty it engenders, whether it is anticipated, and the degree to which contracts and the tax system are indexed. A major cost is related to the inefficient utilisation of resources because economic agents mistake changes in nominal variables for changes in real variables and act accordingly. This book examines the causes, ...
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Since the end of World War II, the United States has experienced almost continuous inflation - the general rise in the price of goods and services. The costs of inflation are related to its rate, the uncertainty it engenders, whether it is anticipated, and the degree to which contracts and the tax system are indexed. A major cost is related to the inefficient utilisation of resources because economic agents mistake changes in nominal variables for changes in real variables and act accordingly. This book examines the causes, costs, and current status to the economy from inflation with a focus on the Consumer Price Index; food price inflation and consumers; and inflation-indexing elements in federal entitlement programs.
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New. Contains: Illustrations. Includes illustrations. Intended for professional and scholarly audience. In Stock. 100% Money Back Guarantee. Brand New, Perfect Condition, allow 4-14 business days for standard shipping. To Alaska, Hawaii, U.S. protectorate, P.O. box, and APO/FPO addresses allow 4-28 business days for Standard shipping. No expedited shipping. All orders placed with expedited shipping will be cancelled. Over 3, 000, 000 happy customers.
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PLEASE NOTE, WE DO NOT SHIP TO DENMARK. New Book. Shipped from UK in 4 to 14 days. Established seller since 2000. Please note we cannot offer an expedited shipping service from the UK.