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A comprehensive measure of consumer discomfort during a period of rising inflation and high unemployment is?
Wiki User
∙ 10y ago
misery index
Wiki User
∙ 10y ago
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Match the economic indicator with its type of measurements?
Retail sales: Growth Growth Domestic Product: Activity Consumer Price Index: Inflation Unemployment Rate: Inactivity
What is the different between inflation and unemployment?
The number of people unemployed is the number of people in the country who are out of work and who are available for work at current market wage rates. This can easily be changed to a percentage by relating the number of people unemployed, to the total number of people in the labour force. Inflation is the general increase in prices over a 12 month period. This is measured by taking weighted averages of all consumer products (weighted on the frquency of purchase) and analysing the trend of overall prices. This is often called the Consumer Price Index (CPI) or Harmonised Index of Consumer Prices (HICP). This shows how much, as a percentage, the general price levels of all consumer goods have changed over the year. The two have been analysed together using the Phillips curve which shows the rate of inflation plotted against the rate of unemployment. Some other key terms you might find useful (try these in wikipedia maybe): Phillips Curve, Keynesian economics. Hope this helps
How does the government track inflation?
consumer price index.
What is CPI rate?
Consumer Price Index meausres inflation.
What indicator does the government use to measure inflation?
Consumer Price Index (CPI)
Impact of inflation on society's consumer and buyer?
Impact of inflation on society's consumer and buyer?
Match the economic indicator with its type of measurements?
Retail sales: Growth Growth Domestic Product: Activity Consumer Price Index: Inflation Unemployment Rate: Inactivity
What are the components of a consumer income?
inflation
What is the different between inflation and unemployment?
The number of people unemployed is the number of people in the country who are out of work and who are available for work at current market wage rates. This can easily be changed to a percentage by relating the number of people unemployed, to the total number of people in the labour force. Inflation is the general increase in prices over a 12 month period. This is measured by taking weighted averages of all consumer products (weighted on the frquency of purchase) and analysing the trend of overall prices. This is often called the Consumer Price Index (CPI) or Harmonised Index of Consumer Prices (HICP). This shows how much, as a percentage, the general price levels of all consumer goods have changed over the year. The two have been analysed together using the Phillips curve which shows the rate of inflation plotted against the rate of unemployment. Some other key terms you might find useful (try these in wikipedia maybe): Phillips Curve, Keynesian economics. Hope this helps
How does the government track inflation?
consumer price index.
What is the result of high unemployment?
A decrease in consumer spending.
What is CPI rate?
Consumer Price Index meausres inflation.
What indicator does the government use to measure inflation?
Consumer Price Index (CPI)
Consumer Price Index is a way that the U.S. government measures what?
Inflation
An increase in consumer goods prices over time is called:?
inflation
Which economic indicator measures inflation?
CPI (Consumer price index)
Questionnaire on effects of inflation on consumer purchasing power?
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