I would hate to be famous. When you’re famous‚ you don’t have any privacy. Also‚ there’s too much criticism. Lastly‚ it can harm my safety. Being famous isn’t all that great‚ like you think it is. Many people who are famous have many problems and sometimes wish that they weren’t famous at all. I do not want to be famous. First‚ when you’re famous‚ you do not have any privacy. Paparazzi will follow you‚ and take pictures of every single thing you do. The paparazzi are very aggravating
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Introduction What inflation is? Inflation is an increase in the price of a basket of goods and services that is representative of the economy as a whole. Subsequently‚ it will cause purchasing power fall. In simple terms‚ it means that too much of money is chasing for one particular item. When too much of money is available‚ the seller may raise the price of which he is willing to sell. In the long run‚ inflation has the potential of erasing the purchasing power of the people. It is because when the basic
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In economics‚ inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises‚ each unit of currency buys fewer goods and services. Consequently‚ inflation also reflects erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy. A chief measure of price inflation is the inflation rate‚ the annualized percentage change
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| | Inflation and its impact on the Pakistan Economy: Introduction: Inflation is the rise in the prices of goods and services in an economy over a period of time. When the general price level rises‚ each unit of the functional currency buys fewer goods and services; inflation is a decline in the real value of money and the loss of purchasing power of people. Inflation is a key indicator of a country and provides important view on the state of the economy and the policies of the government.
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First of all‚ when we speak about inflation‚ we should make clear what is the exact defination of it. Inflation is one of the most important economic concepts. At its most basic level‚ inflation is simply a rise in prices. Over time‚ as the cost of goods and services increases‚ the value of for example of a dollar is going to go down because you won’t be able to purchase as much with that dollar as you could have last month or last year. When the purchasing power of a currency starts to decline
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Objectives: How is inflation measured The calculation and limitations of these indices The effects of inflation Important points to remember: Consumer Price Index (CPI) - A measure of price changes in consumer goods and services such as gasoline‚ food‚ clothing and automobiles. The CPI measures price change from the perspective of the purchaser. GDP Deflator- measures price changes in current year compared to those in a base year‚ for all goods and services produced within the country and
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INFLATION In economics‚ inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises‚ each unit of currency buys fewer goods and services. Consequently‚ inflation also decrease the purchasing power of money. Effects of Inflation on economy 1. Decrease Production: People buying less of goods and services as their income is limited. This leads to slowdown not only in consumption but also production. This is because
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Employees Provident Fund (EPF) Malaysia: Generic Models for Asset and Liability Management Under Uncertainty A thesis submitted for the degree of Doctor of Philosophy by Siti Aida Sheikh Hussin Department of Mathematical Sciences School of Information Systems‚ Computing & Mathematics Brunel University August 2012 Abstract We describe Employees Provident Funds (EPF) Malaysia. We explain about Defined Contribution and Defined Benefit Pension Funds and examine their similarities
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Inflation goes Down to Three Years Low to 6.62 percent in January 2013 Published on: 15-FEB-2013 Data released by the Commerce and Industry Ministry reported that Inflation went down to its three year low of 6.62 percent in January 2013. SEBI ordered freezing of accounts and attachment of properties of two companies of Sahara Published on: 14-FEB-2013 Seizure of Bank Accounts of two companies of Sahara and attachment of its properties ordered by SEBI‚ the market regulator on 13 February 2013
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Distinguish between microeconomics and macroeconomics • Identify the broad macroeconomic policy objectives of governments • Define the terms inflation‚ deflation and disinflation • Explain the calculation of the CPI • Examine the accuracy of the CPI as a measure of inflation • Discuss the causes and effects of inflation • Explain the policies for controlling inflation Micro and Macro Economics • Microeconomics is the branch of economics that concerns itself with the study and behaviour of consumers and
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