Watch these Kahn Academy video’s on Youtube. The first discusses different demand-pull inflation in 1960s USA; the second looks cost-push inflation, especially in the context of an oil shock.
Consider the following questions:
- What are the key differences between these two kinds of inflation?
- Do either of these models fully explain inflation?
- Which do you think is most appropriate for use in today’s economy?
Having viewed this short video signpost, please address at least one of these questions on WENotes below.
You must be logged in to post to WEnotes.
Kahn Academy Video's about unemployment.
Watch these Kahn Academy video’s on Youtube. The first discusses different demand-pull inflation in 1960s USA; the second looks cost-push inflation, especially in the context of an oil shock.
Consider the following questions:
Having viewed this short video signpost, please address at least one of these questions on WENotes below.
You must be logged in to post to WEnotes.
Content is available under the
Creative Commons Attribution Share Alike License.
Privacy Policy | Authors