The cause and effect of changes in inflation and how this can result in changes to other economic indicators

Instructions:

Critically analyses the economics perspectives presented in following contemporary media story( https://finance.yahoo.com/news/state-of-the-union-biden-discuss-inflation-153146690.html
https://www.theguardian.com/business/grogonomics/2022/feb/03/with-inflation-on-the-rise-australias-cost-of-living-will-dominate-the-election-debate).
Makes and justifies relevant and creative recommendations for how the challenge or
opportunity can be addressed taking into account efficiency, equity and sustainability, and
multiple stakeholder viewpoints.
Uses academic and other reliable data sources to support the analysis and
recommendations.