ARTICLES

Inflation is caused primarily by either a rapid rise in wages being paid to workers or by a rise in the price of goods that are commonly purchased by the general population. If the inflation is due to a rise in wages, it...

www.reference.com/article/causes-inflation-8fc40042746381b3

There is a directional cause-and-effect relationship between the price of oil and economic inflation, according to Investopedia. When the price of oil goes up or down, inflation goes up or down in the same direction.

www.reference.com/article/relationship-between-oil-prices-inflation-1a78f9455c79d517

Inflation hurts households the most because it limits their purchasing power and makes it difficult to buy the items needed for day-to-day living. Interest rates also rise as a result of inflation, which can make it hard...

www.reference.com/article/portion-society-hurt-inflation-d00fe1a2fd6ec1b7

SIMILAR ARTICLES

Inflation is measured by tracking numerous price indices and surveys that indicate how prices have changed for goods and services over time. Every month in the United States, the Bureau of Labor Statistics gathers data o...

www.reference.com/article/inflation-measured-e2c8818e40dfa87d

When the rate of inflation grows beyond 2 percent, the Federal Reserve uses contractionary monetary policy to reduce the money supply, which in turn reduces inflation. The Fed implements contractionary monetary policy by...

www.reference.com/article/monetary-policy-aim-avoid-inflation-165a01c8d93b1814

According to its mission statement, the U.S. Department of Labor exists to "foster, promote and develop the welfare" of workers, those seeking employment and those who are retired. The Department of Labor is committed to...

www.reference.com/article/department-labor-f49dde578a6b0e6d

Salary and overtime laws vary by state, but workers are covered under the federal wage law to receive at least the federal minimum wage amount, Find Law explains. Some states have higher minimum wage rates and stricter o...

www.reference.com/article/salary-overtime-laws-vary-state-faeea3c5fc4913ff