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Q: Which economic indicator describes the process of generally declining prices inflation deflation gross domestic product recession unemployment NextReset?
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What economic indicator describes the process of generally declining prices?

Deflation describes the process of generally declining prices.


Which of these statements best describes the econmoy during the late 1970s?

Inflation and Unemployment was high! :)


Which statement describes how the Welsh economy changed in the late 1990s?

After unemployment rose, foreign investment brought industries to Wales. >GRADPOINT


What is stagflation means?

Stagflation is when the domestic economy of a country fails to grow but prices rise anyway. ("stagnation" with "inflation") DefinitionInflation & Deflation are two major vices of capitalistic economy. In inflation too much money chasing too few goods, whereas, in deflation too much over production is observed. The term Stagflation refers to the situation where the prices & level of unemployment increase continuously and the result is very slow economic growth. Definition: Stagflation is an economic situation where there is a coupling of sluggish economic growth, high inflation rate and often unemployment.In Economic terms:Stagflation = Stagnation + Inflation Stagflation describes the combination of slow economic growth and high rate of unemployment along with continues rise in prices. Stagflation occurs when the economy isn't growing but prices are. There is no consensus on reasons for stagflation. Few economists believe that it is excessive government regulation leads to it while some others feel high commodity prices leads to it. Irrespective of the cause, stagflation is extremely hard to correct due to its contradictory nature and hard to ride out. Stagflation has most swear effects on consumers as goods and services become expensive and unemployment robs them of income. To add to their misery procuring loans maybe difficult as the Central Bank may restrict credit to combat stagflation. According to Barron: "STAGFLATION term was coined by economists in the 1970s to describe the unprecedented combination of slow economic growth and high unemployment (stagnation) with rising prices (inflation). The principal factor was the four-fold: 1) raise in General Price Level 2) Increase in Unemployment Level 3) Fall in Domestic Gross Production 4) Poor Economic Growth In the situation of Stagflation the continuous raise in price level is observed. Consumer faces burden & the producers earns extraordinary profits. They respond by enhancing their products to earn the maximum profits. Interest rate has raised in such situation hence the fiscal and monetary policies aimed at stimulating the economy and only exacerbated the inflationary effects. Hence the situation has created a hard dilemma for the central banks. They attempt to head off inflation or address slowing the growth rate. The central banks usually raise the level of reserve ratio, bank rate & rate of interest etc so that the increase of prices can be checked. By: Shafaq Chohan\the combination of high inflation and high unemployment


What best describes one benefit of NIMSbest describes one benefit of NIMS?

NIMS means: Nobody Is My Sister

Related questions

What economic indicator describes the process of generally declining prices?

Deflation describes the process of generally declining prices.


What best describes deflation as it relates to earth science?

pickle


Which of these statements best describes the econmoy during the late 1970s?

Inflation and Unemployment was high! :)


Which statement describes how the Welsh economy changed in the late 1990s?

After unemployment rose, foreign investment brought industries to Wales. >GRADPOINT


What is correctly describes how American society is changing The birthrate is rising. Life expectancy is increasing. Out-of-wedlock births are declining. Single-parent households are decreasing?

Life expectancy is increasing.


What of these correctly describes how American society is changing The birthrate is rising. Life expectancy is increasing. Out-of-wedlock births are declining. Single-parent households are decreasing?

Life expectancy is increasing.


What factors make it difficult to determine unemployment rates?

Part-time employment is one factor that makes it difficult to determine the unemployment rate. Another factor is discouraged workers, which describes people who can work, but have stopped looking for a job.


Why is it difficult to measure unemployment accurately?

Measuring unemployment accurately is made difficult because of imperfect knowledge. Not all instances of unemployment are recorded, and some records of unemployment may not be accurate. Because the unemployed are eligible for benefits, some individuals may work, but not disclose it, and claim benefit. Conversely, many unemployed may not bother to inform the authorities, and this unemployment goes unrecorded.


Is declining a verb?

Yes, declining, the present participle of decline, is an action and therefore a verb.However it can also be a noun, used to describe a downwards slope in a landscape.A verb is a word that describes an action (run, walk, etc), a state of being (exist, stand, etc) or occurrence (happen, become, etc).A noun is a word that is used to describe a person (man, lady, teacher, etc), place (home, city, beach, etc) or thing (car, banana, book, etc).


Is water sustainably?

Sustainability is the capacity to endure. In ecology, the word describes how biological systems remain diverse and productive over time.It may also cover water quality, the availability of a given water resource (many water resources such as aquifers are declining) particularly fresh water supplies and the affect of overuse and pollution.


What is water sustainability?

Sustainability is the capacity to endure. In ecology, the word describes how biological systems remain diverse and productive over time.It may also cover water quality, the availability of a given water resource (many water resources such as aquifers are declining) particularly fresh water supplies and the affect of overuse and pollution.


What is the song shine on you crazy diamond by Pink Floyd about?

Shine On You Crazy Diamond is a song dedicated to former Pink Floyd frontman Syd Barrett whose declining mental health forced him to leave the band in its early stages.