Wednesday, February 17, 2010

Unit 2: Rising inflation in the UK

A good summary from the BBC and anforme

http://news.bbc.co.uk/1/hi/business/8519194.stm video
http://news.bbc.co.uk/1/hi/business/8517156.stm article
http://www.anforme.co.uk/blog/?p=1110

a) What type of inflation is the economy currently suffering?
b) Who wins and who loses in the UK economy when there is inflation?
c) To what extent is inflation at 3.5% a problem for the UK economy?

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