Week 3 Discussion - Econ

Research an historical example of inflation (greater than 10% in the US or greater than 15% in any other country):

· Summarize the time-frame, duration, and rate of inflation

· Analyze the root causes of the inflation

· Describe interest rates during the inflationary period

· Describe the major economic consequences of the inflation

· Explain how they were able to control the inflation (if they were)

· Reference

· Schiller, B. R. (2013). The Macro Economy Today. Tata McGraw-Hill Education