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The Road to Zero Inflation
Oleh:
Gramley, Lyle E.
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
BUSINESS ECONOMICS vol. 26 no. 3 (1991)
,
page 15-20.
Topik:
inflation
;
zero inflation
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
BB20.1
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
This article discuss whether a 4 to 5 percent inflation rate should be accepted or brought lower. Price stability cannot be achieved without some loss of employment and real output. Thus far the current federal reserve has expressed a belief in longrun price stability. However, the real test will be whether the federal reserve will refocus its policies on the long - run objective of price stability once the economy turns the corner from recession to recovery.
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