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3 The Three Different Kinds of Inflation
5 Why Inflation Has Accelerated
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accelerated inflation Arthur Okun balance of payments Bank of Canada billion borrow Browns budget Canadian dollar capital investment causes of inflation Chapter cloth competition consequently consumer prices controls corporations cost-push inflation costs and prices crease currencies deficit demand management demand-pull inflation devaluation economic effect efforts energy Eric Kierans ernment expansion expected inflation exports federal fiscal and monetary foreign exchange value Globe and Mail government spending growing growth higher prices income industrial inflationary keep kinds of inflation labour less market power measures ment military spending monetary policy money and credit money supply oil imports output price of oil profits protect purchasing power pushmi-pullyu raise prices raise the price rate of inflation recession reduce rising sell sellers Smiths spiral stagflation sumer tax cuts tendency towards stagnation tion trade unions U.S. dollar unem unemployment wage increases wages and salaries William Rees-Mogg workers