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Essay Galaxy - The Effects Of Inflation
The Effects Of Inflation
" A pair of inflation indicators released Friday showed that inflation is on the rise", is the article that I chose to review. I found the article on the Wall Street Journal's web page. In it there are different links to current business articles, stock market updates, and current issues in the nation's economy. The article that I found basically dealt with the rise of inflation; this article was published on November 5, 1999.
The article talks about how the Economic Cycle Research Institute's future inflation is increasing at it's highest level in the past four years due to a rise in material costs and a tight labor market. It rose up to 115.5 in October- an upwardly revised 113. 3 in September, that's a 2.2 increase, making it the highest its reached in the inflation pool. With manufacturers paying higher prices for materials a....
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Number Of Pages: 3 |
Number Of Words: 722 |
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