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What is it called when the economy is slowing down but prices are still going up?
Wiki User
∙ 10y ago
When the economy is slowing down but prices are still going up this is called inflation. Inflation is a measure of the rate at which the prices of goods and services rise over a period of time. When the rate of inflation is high it means that the cost of living is increasing and people have less buying power.
- Inflation can be caused by a number of factors such as an increase in the money supply an increase in demand for goods and services or an increase in the cost of production.
- It can also be affected by factors such as government policy political instability or natural disasters.
- Inflation can have both positive and negative effects on an economy. It can boost economic growth by encouraging people to spend more but it can also hurt peoples purchasing power.
Inflation is an important indicator of economic health and it is important for governments and central banks to monitor it closely. By doing so they can ensure that the economy remains stable and that prices remain in check.
Laury Bergnaum
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What is the answer to the brain teaser economy going upward?
Economy going downward.
When are gas prices going down below 4gallon?
The price of gas has gone down because demand for it is down, primarily because of a huge decline in the economy. -k1
What is inflation and what can the government do about it?
Inflation is both good and bad for a couple of reasons. Inflation means the economy is growing strong and prices are going up. Too much inflation has a bad effect on people who are struggling to have their paychecks meet the growing prices
Why are gas prices going up everyday?
Because oil prices are going up so gas companies have to raise their prices so they can make a profit and not go bankrupt.
What is going to happen with this economy?
the united states economy is in a deppression but it will recover over time
Why might Brazilian coffee at your local supermarket suddenly cost more?
The Economy is going up on prices and it will send prices up
What is the biggest problem in the US right now?
Our biggest problem right now in the U.S. would be our economy. Our gas prices are going up to almost five dollars, and our jobs are hard to find. Our economy is slowing down alot. This is affecting our lives. we the people should have the right to be able to get gas for a lower price, and find a job that we like, and be able to get in. we need to try and make our economy better!?!?!?!?!?
How have Greyhound bus rates changed over the past 10 years?
The economy of practically every country in the past ten years has been going down. The economy has affected the prices of everything in the world. Same goes for the prices of Greyhound tickets. The prices have increased without fail over the past 10 years.
What is the answer to the brain teaser economy going upward?
Economy going downward.
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because of the war the printed money, became worthless and also all the prices kept on going high and higher
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Energy crisis' include the power going out and not having water. When an energy crisis occurs, it can cause prices to rise in the economy.
When are gas prices going down below 4gallon?
The price of gas has gone down because demand for it is down, primarily because of a huge decline in the economy. -k1
What is inflation and what can the government do about it?
Inflation is both good and bad for a couple of reasons. Inflation means the economy is growing strong and prices are going up. Too much inflation has a bad effect on people who are struggling to have their paychecks meet the growing prices
Why is your speedometer going backwards?
Generally when a speedometer is going backwards the person is slowing down or stopping. If that is not the case see a mechanic.
Why are gas prices going up everyday?
Because oil prices are going up so gas companies have to raise their prices so they can make a profit and not go bankrupt.
What are the average prices of Dynabrade sanders?
The prices for Dynabrade sanders is going to vary. This is going to depend upon the type of the sander. Online prices are ranging anywhere from $300 to almost $700.
What is going to happen with this economy?
the united states economy is in a deppression but it will recover over time
