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Could you tell me some points on Inflation rate its advantage and disadvantage?
Wiki User
∙ 15y ago
Inflation rate of a country is the rate at which the price of essential commodities in a country is increasing.
There is no specific advantage of Inflation, but all country's need to have inflation. If prices of commodities do not go up, then the country's economy is said to be in a stand still. An inflation rate of around 5% is considered a healthy inflation rate and it represents an economy that is growing at a steady pace
Disadvantages:
When the inflation of a country goes beyond control say for example 10% or more then it has a lot of ill effects on the country & its citizens
1. The spending power of the common man comes down
2. Essential commodities prices shoot up and people cannot afford things like food, clothing & shelter
etc...
Wiki User
∙ 15y ago
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How do you compare inflation rate in India with world inflation rate?
Honestly, you can not compare inflation rate of world with India's. Each country have their own currency and policies hence different rate of inflation. You could find various different inflation rations for different commodities and then compare them with India's overall inflation rates.
How do you use inflation in a sentence?
An example sentence could be: "Can I inflate your car tire for you?"
What are the causes of price inflation?
The following is some of the many points that could cause price inflation:Increase in price of raw materialsIncrease in price of laborIncrease in price of production costsIncrease in taxation ratesExcess printing of moneyDrop in exchange rates
What was the cause of inflation in the nation and how could it have been prevented?
To ease this hardship, some states began printing large amounts of paper money. The result was inflation. This money had or no real value, because states did not have gold or silver reserves to back it up. They could have prevented it by if the Revolutionary war had not started they wouldn't have had inflation.
What was the cause of inflation in the new nation and how could have it been prevented?
To ease this hardship, some states began printing large amounts of paper money. The result was inflation. This money had or no real value, because states did not have gold or silver reserves to back it up. They could have prevented it by if the Revolutionary war had not started they wouldn't have had inflation.
What are the advantage and disadvantage of pyconometer?
An advantage of using a pycnometer is that the instrument does not have to be in direct contact with the fluid it is measuring.Ê A disadvantage could be that it can be easily broken as it is made out of glass.
List an advantage and a disadvantage of sitting in the gallery behind the stage?
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What is the advantage and disadvantage of body language?
People could get hurt or unwanted outcomes....;)
What are advantages and disadvantages of the media dependency theory?
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What is the advantage and disadvantage of science?
one of the advantage of learning science is through science we can answer some unanswered questions that confuse our minds involving the community.One of its disadvantage is that science could be a heresy to Christianity in some aspects of beliefs.
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The biggest advantage of colonial education in the African society was that it provided a stable educational system that suited a portion of the population. The biggest disadvantage was that a large portion of the population could not participate.
What is the disadvantage and advantage of being famous?
Wel the advantages could be that you have so many adoring fans that care about you and love you for who you are and a disadvantage could be always having the papparazzi following you. That probably gets really old after a while. I would hate that.
What is the advantage and disadvantage of frictions?
one advantage: it keeps things in their place. one disadvantage: it wastes energy when you move things to another place.
What are the advantage and the disadvantage in the story The Fun They Had by Isaac Asimov?
One advantage of "The Fun They Had" is its exploration of the impact of technology on education and human connection. However, a disadvantage could be the story's simplistic and predictable plot, which may not offer much complexity or depth for some readers.
What are the Advantages and disadvantages of sketching?
Advantage: It could look nice and pretty and you could give it to your parents Disadvantage: Your hand might be cramped for sketching if you sketch a long time.
What are the advantage and disadvantage of bursaries?
A bursary is a type of award given to an individual (typically for students) for meeting certain requirements. The advantage of a bursary is that it is not a loan and therefore does not need to be paid back. The disadvantage of a bursary, while not many, could be that one may not have the requirements of obtaining a certain bursary.
State one advantage and one disadvantage for a vee engine?
The advantage is the crank has to turn less between power strokes so it runs smoother, and one disadvantage could be it takes up a lot of room in the engine bay.
