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It's called inflation. Get ready for a lot of it.
Inflation.
what is different about interest rates, or price of credit, from other prices in the economy
Yes, the tightening of credit and a sharp decrease in farm prices touched of the Panic of 1819.
I agree because high prices traditionally cause an exppansion and industry and this brings an ending to the prices on manufactors and the prices of gasoline
inflation
This is a definition of inflation. If the rise in prices is both rapid and very large, it is called hyperinflation.
It's called inflation. Get ready for a lot of it.
inflation
It's called inflation.
Inflation.
The situation set forth and described in the question is known as INFLATION.
The main difference between the general and selective credit control methods is that the former influence the cost and overall volume of credit granted by banks. They affect credit related to the whole economy whereas the selective controls affect the flow of credit to only specified sector of the economy, wherein speculative tendency and rising trend of prices, due to excessive bank credit, is noticed.
what is different about interest rates, or price of credit, from other prices in the economy
Sugar subsidies cause farmers to grow more sugar resulting in lower prices for sugar. Lower prices for sugar results in increased consumption, resulting in obesity and diabedes.
Yes, the tightening of credit and a sharp decrease in farm prices touched of the Panic of 1819.
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