INFLATION Inflation is a term that refers to a persistent increase in general price levels of goods and services over a given period of time. The rise in inflation is mainly attributed to rise in food and fuel costs which results in a sharp rise in the prices of goods and services in the local market. MEASURING INFLATION Consumer Price Indices Inflation rate is calculated as the rate of change in consumer price indices from one period to another. Periods can be yearly or monthly. Pa-(Pa-1)Pa-1×100Where:
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Issues: » Understand the concept of inflation and its causes. » Critically analyze the various initiatives taken by the Indian government and the RBI to address inflation. » Analyze the significance of Government and Central Bank in controlling inflation and the possible effect of their initiatives on the economy. Keywords: Indian economy‚ Inflationary trends‚ Effect of High Growth on Inflation‚ Wholesale or Consumer Price Index‚ Foreign Exchange rate‚ Bank Rate‚ Cash Reserve Ratio‚ Monetary
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What impact does using databases have on young people’s lives? | Databases once were only used by the most advanced computer programmers‚ they have now come to be a part of our everyday lives. We use a number of databases every day without even realising‚ as they’re utilised in many of our technology devices nowadays. They are used in our television ‘boxes’ like the Sky +‚ Virgin media etc. different channels are listed in a database called ‘guide’‚ here you can look up what programmes are on which
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The Impact of Environmental Toxicants on Our Physical and Mental Health According many scientific researchers‚ our entire population has been dowsed with chemicals. There are several aspects of this dowsing that should concern us. First‚ and foremost‚ many of these chemicals are suspected to have damaging health effects on humans‚ as well as‚ other life forms. Second‚ most of these chemicals have only recently been produced so the environment is clearly changing and being challenged by these
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Relationship between Short-term Unemployment and Inflation? What cause inflation? Inflation refers to a rise in prices that causes the purchasing power of a nation to fall. Inflation is a normal economic development as long as the annual percentage remains low; once the percentage rises over a pre-determined level‚ it is considered an inflation crisis. There are many causes for inflation‚ depending on a number of factors. For example‚ inflation can happen when governments print an excess of money
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The title sounds easy right? Eat to live‚ don’t live to eat. Simple enough. So why do I go to the park and half of the people I see are overweight or severely obese? Why are their kids fat? Why do my coworkers have fat rolls that hang off the back of their chairs? It’s a question I have asked myself over and over again. There have been many theories as to why people are fatter today than they were 100 years ago. Now you can choose to believe the BS about good calories and bad calories or
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Name Instructor Course Date “The intent to live‚ Achieving your true potential as an actor”‚ By Larry Moss The book is referred to as intent to live because most of the great actors who perform the acting seem not to be acting but living. This is depicted on how they portray their act; very real from the eyes of the audience. Larry moss has described these instances in this book on how the actors can achieve this level of acting by sharing out the techniques he has developed for over thirty
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account paying 5 percent per year‚ and unanticipated inflation is 8 percent per year. B) You have paid $500 for a $1‚000 Canada savings bond that matures in 10 years‚ and unanticipated inflation is 10 percent per year. C) You lend a friend $1‚000 at 6 percent to be repaid in one year‚ and unanticipated inflation is 7 percent during the year. D) You borrowed $2‚500 at 7 percent to pay for this year’s college expenses‚ and unanticipated inflation is 12 percent during the year. 5. The value of
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Inflation in Pakistan 2001 to 2010 Abstracts Generally‚ Inflation is known to be the rise in the general price level of goods and services. Inflation is at its peak all over the world and there are different reasons for it. In the case of an Asian country‚ Pakistan inflation is the result of monetary phenomena. The excess money supply growth in Pakistan has basically enhanced inflation. There are also many other reasons for the inflation to be high‚ such as‚ international increase in the commodity
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villains couple who involved in an open fire incident at a private swingers party will take legal action against police and seek for compensation for their loss. (Houston and Vedelago 2017) Consumer Law As the consumers of the King Street Nightclub Inflation‚ the consumer law protects Mr Ewins and Ms Sukys against anything that will create negative consequences. The law gives consumer protections to ensure the consumer rights of the couple when they decided to consume in the night club. (Houston and
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