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What Is Inflation? How worldwide economic conditions can change prices at home.

Source :
Congressional Digest. Feb2023, Vol. 102 Issue 2, p3-4. 2p.
Publication Year :
2023

Abstract

The article focuses on the recent surge of inflation in the U.S., as the prices of many consumer goods jumped in 2022. It mentions the impact of inflation on borrowers and lenders, savings and investment decisions, and relative price changes. It also mentions the impact of inflation on economic prosperity and social welfare.

Details

Language :
English
ISSN :
00105899
Volume :
102
Issue :
2
Database :
Academic Search Index
Journal :
Congressional Digest
Publication Type :
Periodical
Accession number :
161461199