What happened to unemployment between 1980-1985. Concept Introduction: Inflation: Inflation refers to the rise in the prices of goods and services and on the other hand, it decreases the currency’s value. Disinflation: This is the process which is followed by the policy makers to bring down the inflation from the economy.

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Chapter 14, Problem 12P

To determine

What happened to unemployment between 1980-1985.

Concept Introduction:

Inflation: Inflation refers to the rise in the prices of goods and services and on the other hand, it decreases the currency’s value.

Disinflation: This is the process which is followed by the policy makers to bring down the inflation from the economy.

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