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What are the objectives of price control in nigeria?
to control inflation
What is the range of hyper inflation?
Hyperinflation is an extremely rapid or out of control inflation and there is no precise numerical definition to hyperinflation. Hyperinflation is a situation where the price increases are so out of control that the concept of inflation is meaningless.
When your country is experiencing inflation the government may try to control it by?
Yes government tries to control the inflation by increasing the supply into the market, this balances the demand supply curve
Keynesian solution to rising inflation?
to control inflation govt takes necessary steps 1 control high prices 2 issue low level of currerncy
What is walking inflation?
Walking inflation: When the price rise is moderate (is in the range of 3 to 7 %) and the annual inflation rate is of a single digit, it is called walking inflation. It is a warning signal for the government to control it before it turns into running inflation.
What are the current economic problems that Greece is dealing with?
Greece is currently facing economic debt crisis balance of payment deficit unemployment high inflation
How does Brazil control inflation?
by controlling growth of money supply
Are those costs which firm has no control?
Costs which are affected by inflation
When using fiscal policy the government will do just the opposite to control inflation than it does to control?
recession..A+
Did assyria defeat the Persians to gain control of Greece?
1. Assyria did not gain control of Greece. 2. Persia gained control of Assyria.
How do monetary policy control inflation?
Monetary policy can have an impact of inflation. The ideal state of the economy is a balance between inflation and unemployment at 4.3% which is only seen in a wartime economy.
What did The Mycenaeans control?
Greece.
