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please help Inflation Gives Saudis Food for Thought My boss sent me back to return the milk - it's too expensive, said the Pakistani driver

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"Inflation Gives Saudis Food for Thought" "My boss sent me back to return the milk - it's too expensive," said the Pakistani driver for a middle-class Saudi family at the checkout counter of the Al-Othaim supermarket. ...Saudi Arabia is enjoying an unprecedented economic boom ...as sectors [have] increased activity to meet the big internal demand." www.ft.com, 1/18/2008 The story describes a rightward shift in the short-run Phillips curve. demand-pull inflation. O cost-push inflation. O stagflation

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