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Unemployment and Inflation Unemployment and inflation are two completely different economic issues that are, surprisingly, very much related to one another. When dealing with both of these economic factors, it is important to understand that these topics are an extremely important part of today's economic world. By studying and understanding what inflation and unemployment are and how they relate, economists are able to predict many of the situations and complications that randomly take place in …

…on the vertical axis of a graph. After studying and understanding the relationship between inflation and unemployment, one can start to see just how important these two separate economic issues actually are. Even though these two occurrences in our economic environment may seem a little difficult to fully understand, they are well worth investing time into. By learning more about unemployment and inflation, one can get a little better understanding of how our economy works.