Consequences of Inflation

Description

Mind Map on Consequences of Inflation, created by 17Y6C32 KOH HUI WEN on 17/12/2017.
17Y6C32 KOH HUI WEN
Mind Map by 17Y6C32 KOH HUI WEN, updated more than 1 year ago
17Y6C32 KOH HUI WEN
Created by 17Y6C32 KOH HUI WEN almost 7 years ago
19
1

Resource summary

Consequences of Inflation
  1. DD-pull inflation
    1. Caused by ↑ AD
      1. Low & stable inflation
        1. ↑ EG, ↑ Emp
          1. ↑ Mat SOL
          2. ↑ FDI
            1. ↑ PG
              1. BOP improves
            2. High inflation
              1. ↓ FDI
                1. ↓ PG
                  1. BOP worsens
            3. Cost-push inflation
              1. Caused by ↓ SRAS
                1. ↓ EG, ↓ Emp
                  1. ↓ Mat SOL
                  2. ↑ Unit COP
                    1. ↓ FDI
                      1. BOP worsens
                        1. ↓ PG
                  3. Relatively cheaper M
                    1. ↓ (X-M)
                      1. BOP worsens
                    2. Wage Px spiral
                      1. Worsen inflation
                      2. Worsen Y inequality
                        1. Strong vs weak trade unions
                          1. Fixed vs variable Y earners
                          Show full summary Hide full summary

                          Similar

                          Maths Quiz
                          Andrea Leyden
                          AS Biology- OCR- Module 1 Cells Specification Analysis and Notes
                          Laura Perry
                          Random German A-level Vocab
                          Libby Shaw
                          Key Biology Definitions/Terms
                          courtneypitt4119
                          Characters in "An Inspector Calls"
                          Esme Gillen
                          The Five Minute Lesson Plan Template
                          tom.roche_
                          GCSE Revision Tips
                          miminoma
                          Get your grammar right!
                          Sarah Holmes
                          What are they doing?
                          Tamara Urzhumova
                          Creating Mind Maps with GoConqr
                          Sarah Egan
                          Muscles- Physiology MCQs PMU- 2nd Year
                          Med Student