Fetisov G.G. Inflation and Maintenance of  Price Level Stability. Part 1.
    The material is published as the manual for the students studying economy. The article focuses on the concepts of inflation and price growth. It argues that the identification of these concepts is erroneous. Analyses the divergences between various indicators of the 1992–2005 price level growth in Russia. The reasons and consequences of inflation in modern economy are formulated.


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