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What does it mean if real GDP were growing faster then nominal GDP?
It means that inflation is negative, also known as deflation.
How deflation affects in business?
Deflation relates to the decrease in the average price of goods, commodities, services that also affect industry related aspects like income, revenue of companies , etc.
Is deflation bad for the economy?
Deflation can be harmful to the economy because it can lead to decreased consumer spending, lower business profits, and potentially higher unemployment rates. It can also increase the burden of debt on individuals and businesses. Overall, deflation is generally considered to have negative effects on economic growth and stability.
What is the difference between recession and deflation?
recession is when you have no growth in the economy for at least 6 months and deflation is when prices in general instead of getting more expensive go down or are less expensive. When you are in a recession depending on the particular recession prices can go up down or stay the more or less the same
Discuss the advantages and disadvantages of deflation?
As deflation is a decrease in the price level, there is also a proportional increase in the purchasing power of a dollar. Those who have saved money will be able to buy more than previously, and banks will earn more (real) interest on loans made. Those who borrow money, however, will be be paying a higher (real) rate of interest (even with a fixed rate loan).
What are Consecutive periods of deflation also known as?
recessions
What does it mean if real GDP were growing faster then nominal GDP?
It means that inflation is negative, also known as deflation.
Which tribe can stay underwater for extended periods of time?
The Bajau people, also known as the Sea Nomads, are known for their ability to stay underwater for extended periods of time.
Which tribe is known for their ability to hold their breath underwater for extended periods of time?
The Bajau people, also known as the Sea Nomads, are known for their ability to hold their breath underwater for extended periods of time.
What are Consecutive Fractions?
A consecutive fraction is a number written as a series of alternating multiplicative inverses and integer addition operators. Consecutive fractions are studied in the number theory branch of mathematics. Consecutive fractions are also known as continued fractions and extended fractions.
What is NetBlock?
A range of consecutive IP addresses(also known as a subnet), usually belonging to the same organisation.Rajeev Vij
How many geologic time periods did the dinosaurs live?
The Dinosaurs lived in 3 Geologic time periods-The Triassic, Jurassic, and Cretaceous. These 3 time periods where the three periods of the Mesozoic Era, which is also known as the Age of Reptiles.
How deflation affects in business?
Deflation relates to the decrease in the average price of goods, commodities, services that also affect industry related aspects like income, revenue of companies , etc.
Is deflation bad for the economy?
Deflation can be harmful to the economy because it can lead to decreased consumer spending, lower business profits, and potentially higher unemployment rates. It can also increase the burden of debt on individuals and businesses. Overall, deflation is generally considered to have negative effects on economic growth and stability.
Is there another name for a column of elements?
Columns are also known as Groups or Families. Rows are also known as Periods or Energy levels
Could the grand exchange on runescape crash like a stock market?
It crashes all the time - for individual items. Usually some "merching clan" buys lots of an item to make the price go up, but of course, this is not sustainable. There have also been periods of inflation and deflation, meaning that money lost, or gained, value compared to other items. For example, at the time of this writing (March 2010), there has been a period of prolonged inflation for at least half a year; many items have doubled their prices in that time. At other times there have been periods of deflation (negative inflation). Go to runescape.wikia.com and search for the article on RuneScape economy for more details.
What were flanders known for manufacturing?
Flanders was known for manufacturing textiles, especially luxury fabrics such as tapestries and fine linens. It was also known for producing lace and carpets during various periods in history.
