Elizabeth Powers
Abstract
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An examination of the impact of inflation and unemployment on poverty, using a poverty rate based on goods and services consumed, rather than on income. The findings suggest that inflation may harm the poor more than was previously thought.
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An examination of the impact of inflation and unemployment on poverty, using a poverty rate based on goods and services consumed, rather than on income. The findings suggest that inflation may harm the poor more than was previously thought.
Key concepts: Poverty, Economics, Unemployment, Consumption (sociology), Inflation (cosmology), Harm, Poverty rate, Misery index