ENGLISH

How Deflation Affects You

By Barbara Gottfried Hollander

Book information

Publisher
Inc, The Rosen Publishing Group
Year
2012
ISBN
9781448883424, 2012011127
Language
english
Format
EPUB
Filesize
7 MB (7300101 bytes)
Series
Your Economic Future
Pages
\0
Time added
2022-12-26 22:45:44
Business; Young Adult Nonfiction; YAN010000

Description

Readers discover what deflation is in global and national economies through accessible, easy-to-understand terms. They also learn how deflation is measured as well as how rises and falls in the Gross Domestic Product describe expansions and downturns in the economy. Japan's "lost decade" of the 1990s is used as an international example to illustrate how deflation affects people. Students investigate the U.S. economy by learning about fiscal policy, deflation, and economic booms and downturns, monetary policy, and liquidity traps. They also learn about "bad deflation" and "good deflation." This straightforward book gives readers a thorough grounding in what happens to their purchasing power with deflation, and how deflation influences their spending decisions, investment choices, employment, income, and loans.

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