11779549
Description
Mind Map by 17Y6C32 KOH HUI WEN, updated more than 1 year ago
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Created by 17Y6C32 KOH HUI WEN
over 6 years ago
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Consequences of Inflation
- DD-pull
inflation
- Caused by ↑ AD
- Low & stable
inflation
- ↑ EG, ↑ Emp
- ↑ Mat SOL
- ↑ Mat SOL
- ↑ FDI
- ↑ PG
- BOP improves
- ↑ PG
- ↑ EG, ↑ Emp
- High inflation
- ↓ FDI
- ↓ PG
- BOP worsens
- ↓ PG
- ↓ FDI
- Low & stable
inflation
- Caused by ↑ AD
- Cost-push
inflation
- Caused by ↓ SRAS
- ↓ EG, ↓ Emp
- ↓ Mat SOL
- ↓ Mat SOL
- ↑ Unit COP
- ↓ FDI
- BOP
worsens
- ↓ PG
- BOP
worsens
- ↓ FDI
- ↓ EG, ↓ Emp
- Caused by ↓ SRAS
- Relatively
cheaper M
- ↓ (X-M)
- BOP
worsens
- BOP
worsens
- ↓ (X-M)
- Wage Px
spiral
- Worsen
inflation
- Worsen
inflation
- Worsen Y
inequality
- Strong vs weak trade
unions
- Fixed vs variable Y
earners
- Strong vs weak trade
unions
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