Explain the main causes of inflation and explain how high inflation can influence both unemployment and GDP. Explain the options available in fiscal and monetary policies to reduce inflation and help improve the UK Economy.

January 15, 2024January 15, 2024 Discipline: Economics

Discuss inflation, define and explain, discuss CURRENT data.

discuss how inflation has influenced Unemployment and GDP,
discuss CURRENT data.
discuss the main points of fiscal and monetary policies.
discuss how fiscal and monetary policies could be used to improve
both inflation, unemployment and GDP.
It must be “current and related to UK”.
Teacher’s feedback:
inflation – this section needs to explain the theory of demand pull and cost push inflation reasons for inflation could be improved GDP section needs to be reduced to cover the main points and reasons for changes – less focus on the different components and more focus on the overall trend factors.

I will send you my paper, rewrite it, make changes accordingly to the feedback, and finish the rest please.
thank you.

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