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Q: In an effort to increase the supply of money at home the emperors of this country issued new coins mixing lead with gold and leading to inflation?
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In an effort to increase the supply of money at home the emperors of this country issued new coins mixing lead with gold and leading to inflation.?

Rome


What is negative inflation?

Negative inflation means that the economy is in a deflationary period. That is, there is less money (supply of money) chasing the same amount of goods and services, leading to the increase in the value of the money.


What types of inflation in Malaysia?

Types of InflationThere are five main types of inflation. The various types of inflation are:Wage InflationWage inflation is also called as demand-pull or excess demand inflation. This type of inflation occurs when total demand for goods and services in an economy exceeds the supply of the same. When the supply is less, the prices of these goods and services would rise, leading to a situation called as demand-pull inflation. This type of inflation affects the market economy adversely during the wartime.Cost-push InflationAs the name suggests, if there is increase in the cost of production of goods and services, there is likely to be a forceful increase in the prices of finished goods and services. For instance, a rise in the wages of laborers would raise the unit costs of production and this would lead to rise in prices for the related end product. This type of inflation may or may not occur in conjunction with demand-pull inflation.Pricing Power InflationPricing power inflation is more often called as administered price inflation. This type of inflation occurs when the business houses and industries decide to increase the price of their respective goods and services to increase their profit margins. A point noteworthy is pricing power inflation does not occur at the time of financial crises and economic depression, or when there is a downturn in the economy. This type of inflation is also called as oligopolistic inflation because oligopolies have the power of pricing their goods and services.Sectoral InflationThe sectoral inflation takes place when there is an increase in the price of the goods and services produced by a certain sector of industries. For instance, an increase in the cost of crude oil would directly affect all the other sectors, which are directly related to the oil industry. Thus, the ever-increasing price of fuel has become an important issue related to the economy all over the world. Take the example of aviation industry. When the price of oil increases, the ticket fares would also go up. This would lead to a widespread inflation throughout the economy, even though it had originated in one basic sector. If this situation occurs when there is a recession in the economy, there would be layoffs and it would adversely affect the work force and the economy in turn.HyperinflationHyperinflation is also known as runaway inflation or galloping inflation. This can usually lead to the complete breakdown of a country’s monetary system. However, this type of inflation is short-lived.Any types of inflation can affect the economy of the country. Higher inflation will result in lower purchasing power of the citizen, higher cost of living, lower quality of life and also the overall country economic activities as well. The citizen will feel dissatisfaction to the high inflation and the worst is maybe will cause negative impact to the current government of that country.Most economists believe and agree that high inflation rate or hyperinflation is due to the excessive growth of the money supply of the country. The long sustained period of inflation is because of the money supply is growing faster than the economic growth of the country.


What have been the causes of inflation in Kenya?

Inflation has been brought about the weakening of the kenya shilling versus the American dollar an issue that has made the cost of living too high leading to escalating prices of commodities.


What is in an increase in the standard of living?

1. Higher employment - A high employment rate means that the a country's output will increase also as the country will not have to provide benefits to the unemployed people and can impose taxes on the business to increase their revenue and develop the country, this will result in an increase in the standard of living.2. Higher Disposable income - When the disposable income rise, the purchasing power of the consumer will also increase, which means that the consumer will purchase more, resulting a rise in the sale and profit of the businesses and so the government can impose high profit tax which will lead to welfare of the economy and so the standard of living will rise.3. Low inflation rate - When the inflation rate is high, the price of good and services will be relatively high leading to a fall in the sale of the product. This will lead to fall in the profits, rise in the level of unemployment which will lead to a fall in the purchasing power of the consumers and so lower standard of living. So in order to enjoy a high standard of living a lower inflation rate is vital.4. High wage rate - When the wage rate increase, the workers will spend more resulting an increasing in the sales, profit of the businesses and revenue of the business and so the standard of living will rise.5. Surplus / Favorable Balance Of Payment - A country is said to have a surplus balance of payment when the value of exports exceeds the imports. This means that the country will be able to enjoy the inflow of foreign currency which leads to economic development and so the standard of living increases.

Related questions

In an effort to increase the supply of money at home the emperors of this country issued new coins mixing lead with gold and leading to inflation.?

Rome


What is negative inflation?

Negative inflation means that the economy is in a deflationary period. That is, there is less money (supply of money) chasing the same amount of goods and services, leading to the increase in the value of the money.


Which country has faced a major downturn in 2008-09 leading to runaway inflation and the fleeing of millions of refugees?

Zimbabwe


how does a chartered accountant contribute to a country?

They make sure that the business is being operated in a profitable way and by this the business will grow leading to an increase in productivity and might increase the GDP of the country.....


What types of inflation in Malaysia?

Types of InflationThere are five main types of inflation. The various types of inflation are:Wage InflationWage inflation is also called as demand-pull or excess demand inflation. This type of inflation occurs when total demand for goods and services in an economy exceeds the supply of the same. When the supply is less, the prices of these goods and services would rise, leading to a situation called as demand-pull inflation. This type of inflation affects the market economy adversely during the wartime.Cost-push InflationAs the name suggests, if there is increase in the cost of production of goods and services, there is likely to be a forceful increase in the prices of finished goods and services. For instance, a rise in the wages of laborers would raise the unit costs of production and this would lead to rise in prices for the related end product. This type of inflation may or may not occur in conjunction with demand-pull inflation.Pricing Power InflationPricing power inflation is more often called as administered price inflation. This type of inflation occurs when the business houses and industries decide to increase the price of their respective goods and services to increase their profit margins. A point noteworthy is pricing power inflation does not occur at the time of financial crises and economic depression, or when there is a downturn in the economy. This type of inflation is also called as oligopolistic inflation because oligopolies have the power of pricing their goods and services.Sectoral InflationThe sectoral inflation takes place when there is an increase in the price of the goods and services produced by a certain sector of industries. For instance, an increase in the cost of crude oil would directly affect all the other sectors, which are directly related to the oil industry. Thus, the ever-increasing price of fuel has become an important issue related to the economy all over the world. Take the example of aviation industry. When the price of oil increases, the ticket fares would also go up. This would lead to a widespread inflation throughout the economy, even though it had originated in one basic sector. If this situation occurs when there is a recession in the economy, there would be layoffs and it would adversely affect the work force and the economy in turn.HyperinflationHyperinflation is also known as runaway inflation or galloping inflation. This can usually lead to the complete breakdown of a country’s monetary system. However, this type of inflation is short-lived.Any types of inflation can affect the economy of the country. Higher inflation will result in lower purchasing power of the citizen, higher cost of living, lower quality of life and also the overall country economic activities as well. The citizen will feel dissatisfaction to the high inflation and the worst is maybe will cause negative impact to the current government of that country.Most economists believe and agree that high inflation rate or hyperinflation is due to the excessive growth of the money supply of the country. The long sustained period of inflation is because of the money supply is growing faster than the economic growth of the country.


Is America a leading country?

America is THE leading country.


Who causes inflation (government or investors)?

Inflation is a measure of the rate of rising prices of goods and services in an economy. If inflation is occurring, leading to higher prices for basic necessities such as food, it can have a negative impact on society.


What have been the causes of inflation in Kenya?

Inflation has been brought about the weakening of the kenya shilling versus the American dollar an issue that has made the cost of living too high leading to escalating prices of commodities.


How does inflation lead to hunger?

It certainly can, but doesn't necessary have to. It depends on whether income keeps up with inflation. If it does, then there wouldn't be a problem with hunger, if it doesn't, on a local, country, or global scale, then those who have a tight budget would be effected in that they could no longer afford as much food as they could previously, thus potentially leading to hunger.


What is the leading country in Australia?

Australia is not only a continent but the entire continent is one country. So obviously Australia is the leading country.


The leading country in world's lead production - an answer says Peru - but that cannot be the leading country since it says its 3rd country?

turkey


Which country is leading in computer technology?

JAPAN is leading on Technology