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Ukraine and wage - Essay Example

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A good example is when the authors give statistics on the Ukraine’s economy especially after the Revolution. Kiev and Sloviansk state that the GDP is expected to fall by a 10% margin, they also talk of the inflation rates that have…
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Ukraine and wage
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Ukraine and wage

Download file to see previous pages... Probably, the authors would have talked about the good will of the government to revive the economy.
The author states facts as he gives clear events that have resulted to the new inflation rates. A good example is when the author talks of the unemployment rates that commenced, followed by inflation and the expected rise in the interest rates (Prial 1).
The arguments in the article partly make sense as Prial brings in a practical argument that the wage growth has resulted to new rates of inflation. It is very reasonable that when wages rise, consumers spend more (Prial ...Download file to see next pagesRead More
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