通货膨胀(英文版)概要.ppt

CONTENT Defination Inflation Rate The cause of Inflation Measures Defination In economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. cause the cause of inflation too much money chasing too few goods Inflation rate Inflation rate = current price level – previous price level ------------------------------------------------ x100% previous price level measures Monetary Policy Fiscal Policy measures 1 2 An appreciation in RMB 4 Wages and price control 3 Monetary policy Increasing interest rates Slowing the rise in the money supply  Fiscal policy Higher direct taxes (causing a fall in disposable income) Lower Government spending  wage and price controls an appreciation in RMB a temporary and exceptional measure