What were principal factors that caused the inflation rate

Reference no: EM132127492

Question: In 1980, the inflation rate in Italy was 21% and the unemployment rate was 4.4%. By 1998, the inflation rate in Italy had declined to 2% and the unemployment rate had risen to 12.3%.

(A) What were the principal factors that caused the inflation rate to fall so much?

(B) What were the principal factors that caused the unemployment rate to rise so much?

Reference no: EM132127492

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