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The study of inflation is part of economics
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∙ 8y ago
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Advantages of inflation accounting?
An advantage of inflation accounting, is that it can correct problems with inflation. The negative part about inflation accounting is that it is not fair value accounting.
What is point of inflation?
Inflation is the enemy of the economy. Over time, inflation decreases the real value of money, that is, your purchasing power. Inflation doesn't have any purpose, it just exist as part of our monetary system.
What is a difference between macro economics amd micro economics with respect to inflation?
Macro economics is the study of an economy and how it functions. Inflation in a macro sense reduces the value of money (and hence all debt and savings) and can cause a country to be less pricecompetitive if it's persistent. It also nullifies the market mechanism that allows people to know a good price off the top of their heads. Micro economics is the study of markets. Inflation isn't a micro concept, but with high inflation in certain markets firms can seek alternatives to the material causing the inflation causing dynamic efficiency (where a firm innovates and benefit the consumer). Inflation also reduces information in a micro economy. As said before people don't intuitively know a good price when an economy is in high inflation meaning that more expensive products can often break into the market.
Macroeconomics is the study of?
my short and simple answer would be the " study of the economy as a hole" but ill break that down a little bit more for you... macroeconomics is a study focusing on the behavior of the overall economy, including factors such as inflation and deflation, the level of unemployment, and production. it is the opposite of microeconomics.
What is the study of the nation's economy?
Macroeconomics is the study of a nation's economy. (Aggregate demand, aggregate supply, GDP, economics growth, inflation etc are all terms used in macroeconomics to describe one economy on its own)
What part of speech is inflation?
Inflation is a noun.
Advantages of inflation accounting?
An advantage of inflation accounting, is that it can correct problems with inflation. The negative part about inflation accounting is that it is not fair value accounting.
What are the release dates for All in the Family - 1971 The Bunkers and Inflation Part 4 5-4?
All in the Family - 1971 The Bunkers and Inflation Part 4 5-4 was released on: USA: 5 October 1974
What is point of inflation?
Inflation is the enemy of the economy. Over time, inflation decreases the real value of money, that is, your purchasing power. Inflation doesn't have any purpose, it just exist as part of our monetary system.
Is the study of bananas part of the study of Botany?
yes
Is the study of life cycles of animals part of biology?
Biology is the study of life... Zoology is the study of animals... Biozoology??
What are the release dates for All in the Family - 1971 The Bunkers and Inflation Part 3 5-3?
All in the Family - 1971 The Bunkers and Inflation Part 3 5-3 was released on: USA: 28 September 1974 Netherlands: 4 June 1975
What are the release dates for All in the Family - 1971 The Bunkers and Inflation Part 1 5-1?
All in the Family - 1971 The Bunkers and Inflation Part 1 5-1 was released on: USA: 14 September 1974 Netherlands: 20 May 1975
What are the release dates for All in the Family - 1971 The Bunkers and Inflation Part 2 5-2?
All in the Family - 1971 The Bunkers and Inflation Part 2 5-2 was released on: USA: 21 September 1974 Netherlands: 4 June 1975
What is a difference between macro economics amd micro economics with respect to inflation?
Macro economics is the study of an economy and how it functions. Inflation in a macro sense reduces the value of money (and hence all debt and savings) and can cause a country to be less pricecompetitive if it's persistent. It also nullifies the market mechanism that allows people to know a good price off the top of their heads. Micro economics is the study of markets. Inflation isn't a micro concept, but with high inflation in certain markets firms can seek alternatives to the material causing the inflation causing dynamic efficiency (where a firm innovates and benefit the consumer). Inflation also reduces information in a micro economy. As said before people don't intuitively know a good price when an economy is in high inflation meaning that more expensive products can often break into the market.
What is study of protozoans known as?
The study of protozoans is part of microbiology.
What part of speech is study?
Study is a verb. It describes an action.
