what is the relationship between employment rate and inflation?
In: Economics
what is the relationship between employment rate and inflation?
Search questions
Popular Questions
Latest Answers
- snoweel on What kind of humongous tasks do supercomputers do? What type of mathematical models can be so complex that it requires a computer close to $1B?
- jmlinden7 on How does our eyes interpret so many photons of light which travels so much faster than neural signals?
- ADDeviant-again on ELI5- How do surgeons sew up after an operation without leaving air in the body?
- Riconquer2 on 10,000 years ago we were cavemen who lived off the land. We only had what was accesible in nature. Now we have cars, iPhones, and computers. I’m assuming everything we have now is composed of the same matter cavemen had access to. How did we get all this stuff?
- Jonahmaxt on Why are there more patriarchies in human history than matriarchies?
money becomes less valuable, this means that the price for an product increases.
For people who don’t get a raise to compensate inflation, they spend less since everything is more expensive.
Decrease in sales may lead to some companies to cut loses.
This includes in lowering employment rate since there is less money in reserve for salaries.
Mind you that i am generally speaking. Real world economy is more complex and corrupt when we are talking about inflation.