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What else can I help you with?
A dramatic rise in prices is called?
I believe that this is called high inflation or hyperinflation. Hope this helps.
What do you do if you have one of the 440000 cars from the 2009 Honda recall regarding the potential airbag inflation defect?
Contact your local Honda Dealer.
Do Buddhists believe in evolution?
There is no central Buddhist tenet regarding this.
Who do Most economists believe that the main credit for bringing inflation under control in the early 1980s belongs to?
Congress
What does Hawk and Dove mean in financial terms?
Financial hawks favor low inflation over high economic growth, and want interest rates set high to keep inflation low. Financial doves prefer low interest rates and believe inflation has a minimal impact on society.
What will happen to the exchange rate if a country has low inflation and rapid economic growth?
Exchange rates would most likely stay the same. If inflation increase or decreases I believe that is where exchange rates will more so be affected
Why does the federal government watch the rate of inflation so closely?
The federal government closely monitors the rate of inflation because it directly impacts the economy's overall health and the purchasing power of consumers. High inflation can erode savings and diminish living standards, while low inflation or deflation can signal economic stagnation. By tracking inflation, policymakers can make informed decisions regarding monetary policy, interest rates, and fiscal measures to stabilize the economy and promote sustainable growth. Additionally, understanding inflation helps in planning for budgetary allocations and managing public debt.
Policies used to combat inflation in south Africa?
Inflation is a rise in the level of prices measured against some baseline of purchasing power (a CPI or consumer price index). Inflation happens because of the interaction between the supply of money, production and interest rates. Some believe that fiscal policy effects (monetary adjustments) dominate all others in setting the rate of inflation. Others believe a combination of the interaction of money, interest and output dominate over other effects. Regarding unemployment you need to understand that unemployment occurs naturally in the labor market. There will always be a percentage of people that are unemployed, in between jobs (voluntarily or not), taking a break, milking the system, etc. Central Banks or other government institutions can and do affect inflation to a significant extent mainly through the setting of interest rates, this is known as using monetary policy. By rising interest rates and allow for a slow growth of the money supply a Central Banks can fight inflation in the short to medium term, thus using unemployment and the decline of production to prevent price increases.
Why did hamilton believe it was necessary tof the US to have a national bank?
It would curb inflation and make the dollar more stable for trade
Why do Keynesian economist believe that market forces do not automatically adjust for unemployment and inflation?
Because it is not about man's capacity to consume, but about his ability to produce.
Insurance is able to curtail inflation so it should be made compulsory?
It is true that insurance is able to curtail inflation, however, whether or not that means it should be made compulsory is a matter of personal opinion. Many economists believe it should be compulsory.
What inflation rate?
inflation
