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On inflation, unemployment, and GDP growth.

Publication: The International Economy
Publication Date: 22-JUN-08
Format: Online
Delivery: Immediate Online Access
Full Article Title: On inflation, unemployment, and GDP growth.(Just the Facts: TIE's Executive News Service: Inflation)(Bureau of Labor Statistics)(Brief article)

Article Excerpt
"Since 1948, according to Bureau of Labor Statistics figures, inflation has averaged 3.7 percent per year, unemployment 5.6 percent, and real GDP growth 3.4 percent. But the ten lowest inflation years (between 1949-62, and 1986) averaged 0.5 percent inflation and 5.2 percent unemployment, along with 3.5 percent GDP growth....

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