Inflation and unemplyment?

Answer 1

on a basic level they are inversely related inflation happens in a booming economy when the demand for goods is high so the price rises and more products are sold because more is being sold more jobs are generated and unemployment goes down so the more inflation the less unemployment
this is a balance the federal reserve has to manage it avoids inflation by raising interest rates which slows spending even though it causes more unemployment but if unemployment is too high then they may stop the interest rate hikes to curb unemployment even though this will cause inflation so unemployment and inflation tend to seesaw with the federal reserve trying to keep both not too high

although there is of course many other things that affect inflation and unemployment independantly this is how they interact

Answer 2

unemployment it is the percentage between the unemployed persons in the economy or the country over the the whole working force ex.(u have 1000 labor as a working force able to work and only 200 of them have a job so the unemployment equal (800/1000) * 100 =80 %.

inflation is a sustained rise in the general level of prices in the economy , ex u have a thing that coasted u 80 $ last year this year its price is 100 & then the inflation rate = [(100-80)\80]*100

Answer 3

What do you want to know about Inflation and Unempolyment? And, who is Jonny Legend? I searched for him but no results came up. Were you just trying to be funny. (Only way I can contact you because you dont accept emails)

Answer 4

idk sorry