Inflation‚ a short explanation In the world of finance phrases like mortgage backed security‚ prime rate‚ speculation and inflation get thrown around a lot yet most people don’t have a clue what it all means. After more than three centuries of evolution even the most knowledgeable can’t wrap their head around the many ways the U.S. economy works and why it sometimes doesn’t. In the next few pages I hope to explain only one of these very complicated concepts‚ that of inflation. Inflation‚ in economic
Premium Inflation
which is inflation‚ or a raising of prices and lowering of currency value. Venezuela is currently experiencing inflation. Inflation‚ which was caused by failure of socialism‚ is making the people protest because of higher prices and lower currency value. Venezuela is in a state of heavy inflation. In February‚ inflation rose to fifty-seven percent (Minaya).Problems with the exchange rate and too much aggregate demand are some of the major causes of inflation (Jay). The inflation rate in Venezuela
Premium Inflation
Data Digitisation At a time when information and data are becoming an integral part of every organization‚ people have realized that paper records‚ books‚ and journals are not as handy or safe as CD-ROMs. Information must be stored in such media that the storage is safe and the retrieval is quick. The age of Data Digitisation has begun. Digitisation is the process by which physical or manual records such as text‚ images‚ video‚ and audio are converted into digital forms. This is of paramount
Premium Geographic information system Computer graphics
that inflation is both good and bad. How can this be?Explain. Are government efforts to control inflation well-advised? Explain. In economics‚ inflation is a rise in 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. It is 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. As inflation
Premium Inflation
CAUSES OF INFLATION Inflation is caused when the aggregate demand exceeds the aggregate supply of goods and services. We analyze the factors which lead to increase in demand and the shortage of supply. Factors Affecting Demand Both Keynesians and monetarists believe that inflation is caused by increase in the aggregate demand. They point towards the following factors which raise it. 1. Increase in Money Supply. Inflation is caused by an increase in the supply of money which leads to increase
Premium Inflation Money supply Economics
Vietnam faces more price hikes despite inflation woes Vietnam’s government is set to raise electricity prices by 15% on Tuesday‚ at a time when the population is already struggling with a soaring cost of living. Last week the Vietnamese government also raised the retail prices of oil products by as much as 24%. In February‚ inflation hit a two-year high of 12.31%. Analysts say despite the government’s measures to tighten monetary policy‚ price pressures are likely to continue. "The increases
Premium Monetary policy Macroeconomics Inflation
exploration of dynamic relationship between tourist arrivals‚ inflation‚ unemployment and crime rates in Malaysia Chor Foon Tang Department of Economics‚ Faculty of Economics and Administration‚ University of Malaya‚ Kuala Lumpur‚ Malaysia Abstract Purpose – The main purpose of this study is to examine the dynamic relationship between tourist arrivals‚ inflation‚ unemployment and crime rates in Malaysia. This study covered the annual data from 1970 to 2008. Design/methodology/approach – The multivariate
Premium Crime Econometrics Economics
Chapter 5 Interest Rates Problem 3 Which do you prefer: a bank account that pays 5% per year (EAR) for three years or a. An account that pays 2 every six months for three years? b. An account that pays 7 every 18 months for three years? c. An account that pays per month for three years? If you deposit $1 into a bank account that pays 5% per year for 3 years you will have after 3 years. a. If the account pays per 6 months then you will have after 3 years‚ so you prefer every 6 months
Premium Inflation Money Mortgage
“A REPORT ON INFLATION IN INDIA AND SUGGESSTIONS TO CURB THE INFLATION” By: VIKRAM.G.B 2nd M.COM V.D.C ABSTRACT: India is one of the trillion dollar economy in the world and known for its unique qualities which is turning itself into a hot destination for foreign investors and there are also certain problems which is retarding its economic growth as of today among many major economic problems INFLATION is also one and in past recent months it went to double digit also. In this
Premium Inflation
RESEARCH METHODOLOGY FINAL PROJECT INFLATION AND UNEMPLOYMENT SUBMITTED BY: AHSEN ALE INTRODUCTION Inflation seems to be a chronic problem in many parts of the world today and unemployment‚ a phenomenon‚ true for Pakistan‚ and valid for United States and other western economies. Even the fastest growing Chinese economy is not totally immune to it. Thus this research project deals with the analysis of unemployment and inflation in Pakistan. The purpose of this research
Free Unemployment Inflation Economics