Abstract
Changes in the value of money are caused by inflation and the main measure of the rate of inflation in the UK is changes in the Index of Retail Prices RPI. However, changes in the rate of inflation have implications for the level of unemployment, for the balance of payments and for the distribution of income.
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© 1992 Barry Harrison, Charles Smith and Brinley Davies
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Harrison, B., Smith, C., Davies, B. (1992). Measuring Changes in the Value of Money. In: Introductory Economics. Palgrave, London. https://doi.org/10.1007/978-1-349-22006-9_27
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DOI: https://doi.org/10.1007/978-1-349-22006-9_27
Publisher Name: Palgrave, London
Print ISBN: 978-0-333-54294-1
Online ISBN: 978-1-349-22006-9
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)