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ASHELLMA | 21:36 Fri 16th Nov 2001 | How it Works
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What is the relationship between unemployment and inflation?
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Complex. Times of high inflation tend to lead to high interest rates. This makes borrowing money very expensive, putting firms off expansion and therefore less jobs get made......or so the story goes. If they actually knew the causes there wouldnt be unemployment.
14:00 Mon 19th Nov 2001

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