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Why an increase in income does not necessary mean an increase in welfare of the people?
There are many reasons why this might be the case; one of the simplest is inflation (meaning increase in how much things cost). If the rate of inflation is higher than the rate of increase in income, then you have more money but it buys less.
What is the difference between expected inflation and inflation how does changing inflation expections affect short run philpse curve?
The first answer is self-explanatory. If consumers THINK a good will go up in price, then that good has a high expected inflation. Whether or not it actually does is it's actual inflation.This matters in the Phillips Curve mainly when dealing with businesses. Basically, if a business thinks it's costs are going to increase (inflation), it might not hire more people or might even lay people off to save money. Thus, as expected inflation rises, unemployment rises, just like the Curve says it would.
How might rapid inflation affect college enrollment?
Inflation is the decrease of the purchasing power of a currency.(Ex. Dollar, Yen, Franc, peso etc) This Increases the price of goods and purchases. If College Tuition rates Increase due to inflation it will be more expensive to attend college. This will affect enrollment substantially and may or may not reduce the enrollment rate.
How do price indexes measure inflation?
Prices indexes measure the rate of inflation from month to month by measuring by how much the price of a number of goods increase over time.This might help as well:What_does_the_consumer_price_index_measure
How an increase in unit selling prices might affect contribution margin?
Increase in unit selling price while other costs remains same will increase the contribution margin and reduce the breakeven point.
Why an increase in income does not necessary mean an increase in welfare of the people?
There are many reasons why this might be the case; one of the simplest is inflation (meaning increase in how much things cost). If the rate of inflation is higher than the rate of increase in income, then you have more money but it buys less.
What is the difference between expected inflation and inflation how does changing inflation expections affect short run philpse curve?
The first answer is self-explanatory. If consumers THINK a good will go up in price, then that good has a high expected inflation. Whether or not it actually does is it's actual inflation.This matters in the Phillips Curve mainly when dealing with businesses. Basically, if a business thinks it's costs are going to increase (inflation), it might not hire more people or might even lay people off to save money. Thus, as expected inflation rises, unemployment rises, just like the Curve says it would.
How might rapid inflation affect college enrollment?
Inflation is the decrease of the purchasing power of a currency.(Ex. Dollar, Yen, Franc, peso etc) This Increases the price of goods and purchases. If College Tuition rates Increase due to inflation it will be more expensive to attend college. This will affect enrollment substantially and may or may not reduce the enrollment rate.
How do price indexes measure inflation?
Prices indexes measure the rate of inflation from month to month by measuring by how much the price of a number of goods increase over time.This might help as well:What_does_the_consumer_price_index_measure
How does culture affect people's travel?
it might affect peoples travel because people belive in diffurent things like if your at a beach people might not wear clothes
How might low levels of anxiety affect person's a ability to do simple tasks?
increase effectiveness
How might this affect people?
Your question is incomplete. What is "this?"
Why has the Repo rate taken precedence over the bank rate as a short term?
Repo rate is basically to fulfill the short term fund requirements of the firms.By increasing repo rate the central bank tries to absorb liquidity from the economy,but it does not directly affect the market interest rate as banks try to bear the burdenof additional money them selves in order not to loose customers as the other banks might be less dependent on repo rate and might not increase the interest rate on lending. But an increase in bank rate makes credit directly dearer for the banks and as it is long term in nature so banks increase their interest rate on lending, which reduces plannned aggregate investment in the economy and thus hampers growth directly.Repo rate increase might also affect investment but the impact is not that severe and direct as bank rate.As the central bank has to maintain a balance between the growth and inflation rate, so it is trying to control inflation by taking other monetary measures that does not affect the growth of the economy directly.
How might antituberculosis drugs affect medical conditions?
cycloserine or isoniazid may increase the risk of seizures (convulsions) in people with a history of seizures. the dosage of cycloserine may need to be adjusted for people with kidney disease.
How does underpopulation affect the environment?
if there is too less population then the natural population will increase and there might be an end to the human population.
How an increase in unit selling prices might affect contribution margin?
Increase in unit selling price while other costs remains same will increase the contribution margin and reduce the breakeven point.
How can the water cycle affect people?
If we had no precipitation plants might not grow.
