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What does too much money in the economy mean?
it's called hyper inflation
How does the velocity of money effect inflation?
1. Velocity of money is the rate or frequency money gets exchanged over a period of time. It can be siad that Volcoity of money can be a variable that determines of inflation. It may be used as a a warning sign for hyper-inflation.
What is double digit inflation?
A good description of "inflation" is an increase in prices and a fall in the value of money. Inflation is usually represented as a percentage increase for one month over the same month the previous year. Double-digit inflation is when this percentage is greater than 10%. If inflation rises even more than 100% (i.e. prices are twice s high as last year) it is usually called "hyper-inflation".
What are the Definitions of galloping inflation?
Galloping Inflation When the movement of price accelerates rapidly, running inflation emerges. Running inflation may record more than 100 per cent rise in prices over a decade. Thus, when prices rise by more than 10 per cent a year, running inflation occurs. Economists have not described the range of running inflation. But, we may saythat a double digit inflation of 10-20 per cent per annum is a running inflation. If it exceeds that figure, it may be called 'galloping' inflation. According to Samuelson, when prices are rising at double or triple digit rates of 20, 100 or 200 per cent a year, the situation is described as 'galloping' inflation. Indian economy has witnessed a sort of 'running' and 'galloping' inflation to some extent (not exceeding 25 per cent per annum) during the planning era, since the Second Plan period. Argentina, Brazil and Israel, for instance, have experienced inflation rates over 100 per cent in the eighties. Galloping inflation is really a serious problem. It causes economic distortions and disturbances. Submitted by: Sanchit Suneja SSCBS
If there is a great infusion of money into the economy through the stimulus program will not the dollar be devalued and the US eventually face hyper inflation?
yes the dollar will be devalued its inevitable, but hyper inflation? that's a scary thought! but cant see it happening, but if the US was any other country in the world it would probably turn into Argentina all over again, but it just has too much influence for that to happen...or does it?? - Im sure China is sick of bankrolling America by now, but it needs their market share so as I say I think it will come through without hyperinflation.
What is double digit inflation known as?
It is known as "double digit inflation". It is certainly NOT hyper.
What is emphyzema?
Hyper inflation of air sacs with destruction of alveolar walls.
What does too much money in the economy mean?
it's called hyper inflation
What is the range of hyper inflation?
Hyperinflation is an extremely rapid or out of control inflation and there is no precise numerical definition to hyperinflation. Hyperinflation is a situation where the price increases are so out of control that the concept of inflation is meaningless.
Why did hyper inflation occur in Germany in 1923?
Germany's hyper-inflaton was caused by Germany printing extra money that was worthless :) ^Sounds like the Unites States.
How does the velocity of money effect inflation?
1. Velocity of money is the rate or frequency money gets exchanged over a period of time. It can be siad that Volcoity of money can be a variable that determines of inflation. It may be used as a a warning sign for hyper-inflation.
What is double digit inflation?
A good description of "inflation" is an increase in prices and a fall in the value of money. Inflation is usually represented as a percentage increase for one month over the same month the previous year. Double-digit inflation is when this percentage is greater than 10%. If inflation rises even more than 100% (i.e. prices are twice s high as last year) it is usually called "hyper-inflation".
Where is potato farming an important job?
In Ireland or in poorer areas in Africa e.g. Zimbabwe cos they have hyper inflation so that isn't good
Why worry about inflation?
because it would probably make a loaf of bread cost 50 bucks. as happened in late 1920s in Germany hyper inflation caused a great economic chaos which helped Hitler reach to power and later ww2
How far did the Weimar Republic recover under stresemann?
Until the hyper inflation of the 1920's caused by the War Reparations demanded by the Victor's of WW1 at Versailles.
What country is the least technologically advanced?
Zimbabwe has the lowest GDP per capita (per person) and has recently experienced hyper inflation.
What was the economy of Germany like before world war 2?
It was disastrous with hyper inflation mass unemployment etc mobilization was actually away to get the economy moving again in Germany.
