0
Inflation is related to the laws of supply and demand, as well as how much money is available to put into the economy.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
Why should a consumer know and understand the rule of 72?
Rule of seventy two is used to ascertain the period by which an investment would grow by 100%. 72 divided by rate of interest would provide the approximate period by which the investment would become double. As an example, if the rate of interest is 6% per month, the investment would be doubled in ( 72/6) 12 months. Rule of 72 thus is an important tool to know the investment horizon.
Will inflation Peter out?
inflation peter out is when inflation diminish or stops .
What refers to the persistent increase in the prices of goods and services?
inflation
The consumers price index helps the U.S. government measure what?
inflation
What will bi the formula of inflation?
Current year's inflation - last year's inflation / last year's inflation * 100 e.g ((B-A)/A)*100
Who discovered the rule of 72?
Albert Einstein
How long did asoka rule?
72 years
What are the release dates for The Girl's Guide to Depravity - 2012 Rule 72 The Unavailable Rule 1-10?
The Girl's Guide to Depravity - 2012 Rule 72 The Unavailable Rule 1-10 was released on: USA: 30 March 2012 Japan: 15 September 2012
What has the author James Bullard written?
James Bullard has written: 'Did the great inflation occur despite policymaker commitment to a Taylor rule?' -- subject(s): Industrial productivity, Inflation (Finance)
What is rule 72?
How long it will take for your money to double/divide the annual interest rate into 72.
How long does Oxycontin stay in urine?
As a general rule.....72 hours.
How long did Louis XVI rule for?
About 18 years.
What is the best definition of the rule 72?
The best definition for 72 is the number before 73 and after 71.
Why should a consumer know and understand the rule of 72?
Rule of seventy two is used to ascertain the period by which an investment would grow by 100%. 72 divided by rate of interest would provide the approximate period by which the investment would become double. As an example, if the rate of interest is 6% per month, the investment would be doubled in ( 72/6) 12 months. Rule of 72 thus is an important tool to know the investment horizon.
Who came up with the rule of 72?
Benjamin Franklin came up with this equation.
What annual interest rate will cause your money to double in 4 years?
The "Rule of 72" gives a good approximation of 72/4=18%.
What is the best diffinition for rule 72?
the number of years it takes for your money to double can be estomated by dividing 72 by the annual percentage interest rate.
