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Title: Money

Essay Details

Subject: Business
Author: Glenda T
Date: February 27, 2015
Level: University
Grade: A
Length: 9 / 2436
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

In the United States, according to the consumer price index, prices rose an average of 2.4 percent per year in the 1960s, 7.1 percent per year in the 1970s, 5.5 percent per year in the 1980s, and 3.0 percent in the 1990s. Even when the U.S inflation problem became severe during the 1970s, it was nothing compared to the episodes of extraordinarily high inflation, called hyperinflation, that other countries have experienced from time to time...

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Even when the U.S inflation problem became severe during the 1970s, it was nothing compared to the episodes of extraordinarily high inflation, called hyperinflation, that other countries have experienced from time to time.A classic example is Germany in 1923, when prices rose an average of 500 percent per month...

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