Economics

Start Your Free Trial

In recent years, how has the U.S. inflation rate compared with rates in other industrial economies?  Use data from the link below:  The Federal Reserve Bank of St. Louis maintains a Web page...

In recent years, how has the U.S. inflation rate compared with rates in other industrial economies?  Use data from the link below: 

The Federal Reserve Bank of St. Louis maintains a Web page devoted to international economic trends. Please go tohttp://research.stlouisfed.org/publications/IETsupplement/iet2inf.pdf 

Expert Answers info

pohnpei397 eNotes educator | Certified Educator

calendarEducator since 2009

write35,413 answers

starTop subjects are History, Literature, and Social Sciences

Using the data given in the link that you provided, we can see that inflation in the United States was generally higher than that of the other truly industrialized countries for which information was available.  In the first graph, we can see that US inflation followed the same general trends as inflation in Canada, Japan, and the UK.  The US sometimes had lower inflation rates than Canada and the UK, but was generally higher.  The US inflation rate was typically somewhat higher than inflation rates in the Euro zone.  Thus, we can see that the US generally had higher inflation than the other industrialized countries shown in this link.

check Approved by eNotes Editorial

Related Questions

More »

Unlock This Answer Now

Start 48-Hour Free Trial to Unlock

Ask a Question

Popular Questions

More »