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Q: What data must you to calculate the inflation rate for a specific year?
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How is inflation and employment levels related?

Inflation causes people to save on everything. This makes commerce to sell less. Selling less causes unemployment. Unemployment and low consumption cause recession. No inflation implies on high consumption which must be controlled as well, but is much better than inflation and recession.


What is inflation rate targeting?

Central banks such as the Fed prefer that inflation remains stable over the long run. Most central banks practice flexible inflation targeting, to achieve that end. Constant inflation would deliver a zero output gap (meaning that the real level of output is equal to the potential level of output). High inflation is often detrimental to an economy. Businesses and households must divert time and money to hedge against inflation. For example, retail stores must incur the cost of changing thousands of sticker prices on their shelves and in their computers. Severe types of inflation can reduce real output, thereby increasing unemployment. However, when the price level stagnates (meaning little or no inflation), economies are at risk of a deflationary spiral. When this happens, prices and production fall drastically. To balance between these extremes, central banks practice inflation targeting. Currently, the Fed holds a target of around 2% inflation per annum.


How do you calculate government expenditures?

calculate the amount "government expenditure" must change, if the MPS is .25


Which of these is an example of how the Federal Reserve would slow the economy to hold off inflation?

One way the Federal Reserve would slow the economy to hold off inflation would be to increase the amount of money banks must have on reserve.


What does the government do when it spends more than it collects in taxes?

It must either "borrow" it from somewhere, creating a budget deficit - or - they must print more money, devaluing the nation's currency and causing inflation.

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What is a researchable problem?

1.Data are available and accessible. The researcher must be sure that the participants in his investigation posses the needed data and that they are within his reach. So,one must not choose a problem in which the locations of the data are too far away,say foreign lands.2.Data must meet the standards of accuracy,objectivity,and verifiability.The data gathered must be accurate,objective,and not biased,and can be verified when there arises a need,otherwise the result of the study will not be valid and generalizations formulated will be faulty.3.Answers to the specific questions(subproblems) can be found. The data to be collected must supply the necessary answers to the specific questions.4.The hypotheses formulated are testable,that is,they can be accepted or rejected.5.Equipment and instruments for research are available and can give valid and reliable results.


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What size breaker do you need for 3kva?

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What must you know about a data set before you can use the empirical rule?

The data set must be unbiased, the outcomes of the trials leading to the data set must be independent. The data set must be large enough to allow the Law of Large Numbers to be effective.