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10 cards from this deck
Measures inflation rate for the economy as a whole
More than 50% annually
Low growth, high unemployment, high inflation
Spending grows faster than production ability
Production costs rise, passed to consumers
About 50% of GVA at basic prices
Debtors (repay with lower purchasing power money)
Inflation pushes income into higher tax brackets
Bank rate used by SARB to control inflation
SARB applies pressure on financial institutions
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