Real GDP is the GDP during your chosen base year, and nominal GDP is the GDP of the year on which you are focusing. The GDP deflator from 1990 to now (2013) is:
GDP (2013)/ GDP (1990) * 100%
Deflation is decrease in general price level of services and goods. Deflation occur when inflation rate is 0%
inflation ,deflation, interest rate
The lowest inflation rate in the world is 0% in Japan. There are countries in which there is a negative inflation, but these cases are not called low inflation, they are called deflation. the highest deflation rate is 3% in Nauru (you may as well call it a -3% inflation)
The concept of currency control is very essential for any economy. This is what will often regulate the rate of inflation and deflation.
Deflation is the fall of the general price market. The disadvantages of deflation are large levels of unemployment and an unstable economy.
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Deflation is decrease in general price level of services and goods. Deflation occur when inflation rate is 0%
inflation ,deflation, interest rate
Deflation
See 1st vertical deflation then calculate
The lowest inflation rate in the world is 0% in Japan. There are countries in which there is a negative inflation, but these cases are not called low inflation, they are called deflation. the highest deflation rate is 3% in Nauru (you may as well call it a -3% inflation)
through this rbi controls inflation and deflation.
No, we are actually experiencing a low rate of inflation. In 2009 there were 8 months were we actually saw deflation.
There are many possible situations that may arise from an increase in debt deflation. One possible outcome to a home mortgage would be a fluctuation of one's rate.
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