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Inflation takes place when someone buys an item (say a camera) for more than it is worth. That person then sells it on for a higher price, and this continues until this item is sold for less than was paid for it (a lot less). This basically means that money has dissapeared.
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∙ 14y ago
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Why does the GDP deflator give a different rate of inflation than does the CPI?
The GDP Deflator uses the GDP calculation to work out inflation while CPI uses a basket of goods that are compared over time to work out the increase in prices
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
Why does the GDP deflator give a different rate of inflation than does the CPI?
The GDP Deflator uses the GDP calculation to work out inflation while CPI uses a basket of goods that are compared over time to work out the increase in prices
What inflation rate?
inflation
Inflation rates?
inflation
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
inflation?
rising prices
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
What part of speech is inflation?
Inflation is a noun.
What was Romeo and his inflation with Rosaline?
Inflation or infatuation?
How did the severe inflation in Germany affect the population?
For Millions of Germans, a lifetime's worth of hard work and savings had vanished!
What is the inflation rate in Texas?
current inflation rate in harris county
