All theories signify there is a terrible relationship between rising cost of living and you can GDP
In this section we will imagine empirically new perception away from rising cost of living with the GDP utilizing the adopting the post-hoc matchmaking:
Profile step step 1 shows the new development out-of rising cost of living and LGDP. Into the 1991:step three LGDP are at its lower point, probably of the recession in britain as well as the all over the world recession, whereas rising cost of living are at their limit. Continue reading “All theories signify there is a terrible relationship between rising cost of living and you can GDP”