On my view, inflation is not good simply because normally it halt GDP, as a result the economy will not grow as there is a decline in GDP..In addition there will be no development taking place......BY: Hamunyela Oiva ,,a student UNAM, Windhoek..
Recession
No. They are not functions of one another.
Economic growth can be measured in nominal terms, which include inflation. The growth of an economy is thought of not only as an increase in productive.
gives money to governmant to use
there are much disadvantages of economic growth and we can't cover here so,inflation,intergovernmental destruction, traffic congestion and population increase.
Recession
No. They are not functions of one another.
Economic growth can be measured in nominal terms, which include inflation. The growth of an economy is thought of not only as an increase in productive.
gives money to governmant to use
a period of high inflation and slow economic growth
there are much disadvantages of economic growth and we can't cover here so,inflation,intergovernmental destruction, traffic congestion and population increase.
Zero inflation is where the economy reach a state of 0% inflation rate. This is not really good in the sense that it shows the economy is stagnant/not growing. This may turn away the investors. Mild inflation is basically low rate of inflation around 2% to 3%. Mild inflation shows that an economy is stable and indicates economic growth.
Annual economic growth refers to the yearly increase in the market value of services and goods that are produced during a year. Inflation and annual increases in the output of the services and goods are part of the economic growth of a country.
Economic stability is measured by the stability of output growth (coefficient of variation) and average inflation 10-year average.
Low and stable inflation rate. Low unemployment rate.
The two systems aim to achieve economic growth and prevent inflation.
Shozaburo Fujino has written: 'A Neo-Keynesian theory of inflation and economic growth'