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A The Complexity of the Inflation Issue
B Inflation Mechanisms
Macroeconomic Policies The Management of Aggregate Demand
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accelerated achieve aggregate Aggregate Demand American antitrust application attributable budget deficit business cycle capital stock cause of inflation competition complex component consequences considerations consumer consumption conventional democratic distribution economic policy economic system efforts elevated ethical principles federal budget Federal Reserve fiscal and monetary flation growth herently high employment improve incomes policies indexation industries inevitable inflation problem inflation rate inflationary expectations inherent institutional interest rates interface investment labor force labor markets macroeconomic macroeconomic policy measures mixed economies Modern inflation monetarists monetary policy money creation natural unemployment rate outcomes outlay output past decade percent Phillips curve political postindustrial postwar price behavior price expectations price level private debt private sector productivity public debt rate of inflation recession reduction relationship relatively response restraint rising saving short-term simply social spending structure substantial technological ternational tion unit labor costs value-added tax wages West Germany