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Q: What measures the rate of inflation by comparing changes in the prices of a representative basket of goods and services such as clothing food housing and utilities?
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Could you tell me some points on Inflation rate its advantage and disadvantage?

Inflation rate of a country is the rate at which the price of essential commodities in a country is increasing. There is no specific advantage of Inflation, but all country's need to have inflation. If prices of commodities do not go up, then the country's economy is said to be in a stand still. An inflation rate of around 5% is considered a healthy inflation rate and it represents an economy that is growing at a steady pace Disadvantages: When the inflation of a country goes beyond control say for example 10% or more then it has a lot of ill effects on the country & its citizens 1. The spending power of the common man comes down 2. Essential commodities prices shoot up and people cannot afford things like food, clothing & shelter etc...


Five basic determinants that could cause demand for clothes to decrease?

Economic inflation--instead of buying new clothing, people mend what they have, buy from thrift stores or hand clothes down and up to one another. Cultural--everyone just wears the bare necessities.


What state has the most clothing produced?

china produces the most clothing over 70% of clothing is made in china


How much does the clothing industry worth?

the clothing industry is worth around £21bn


Protecting American textile manufacturers from Chinese clothing imports lower clothing prices in the US true or false?

"Protecting" American producers lead to lower supplies of clothing in the U.S. and higher prices.

Related questions

What are the types and sources of merchandise?

Types are: Food and beverage,Footwear and Clothing, Confection, Stationary, Electric Appliances, Kitchen Utilities, Hardware, Furniture, Bathroom Utilities. Sources are: Producer, Supplier, Retailer.


What are the benefits of whaling?

Well for 1 it is giving people jobs and supplying people with food, clothing and other utilities.


Do you need a license a clothing boutique?

Yes, you need a business license in order to start a clothing boutique. You will need to talk to a representative at your City Hall to determine what license will benefit you.


What is something that is a lot more expensive this year than it was last year?

Gasoline Food/Drinks Everthing Cars Rent/Houses Utilities Insurance Clothing


What is the concept of body inflation about?

Body inflation is the act of pretending to inflate parts of the body. This is often done for the purposes of sexual gratification. The effect is often achieved by placing inflatable items such as balloons under clothing. This gives the appearance of the body being larger than it is.


What should child support be spend on?

Anything that benefits the child such as rent, utilities, medical and dental treatment, clothing, food, school expenses, recreation, computers, books, etc.


Where can I find more information on barely there?

You can find information on barely there by asking a sales representative at your local clothing store. However, if that doesn't work, you can ask workers at general store markets that work in the clothing section for more information.


What did Amelia do when she grew up?

Amelia did many different jobs. She was an airline executive, a clothing and luggage designer, an editor and a columnist and a representative for various companies.


Could you tell me some points on Inflation rate its advantage and disadvantage?

Inflation rate of a country is the rate at which the price of essential commodities in a country is increasing. There is no specific advantage of Inflation, but all country's need to have inflation. If prices of commodities do not go up, then the country's economy is said to be in a stand still. An inflation rate of around 5% is considered a healthy inflation rate and it represents an economy that is growing at a steady pace Disadvantages: When the inflation of a country goes beyond control say for example 10% or more then it has a lot of ill effects on the country & its citizens 1. The spending power of the common man comes down 2. Essential commodities prices shoot up and people cannot afford things like food, clothing & shelter etc...


How do you tell what juicy couture clothing is fake?

Well, it is very hard to but the only way i know of is to compare clothing tags (the cloth ones) with real ones. If your not sure about if your just comparing two fakes, Google a pic of a real one! Srry, not much to help!


Why should a non-custodial parent pay Child Support while kids are visiting?

Child support is intended to help pay for the basic living expenses, such as rent, utilities, clothing, insurance and the like, all of which remain the same even when the child is visiting the non-custodial parent.


What do you do after getting emancipated?

You enjoy your freedom and pay bills for rent, utilities, food, clothing, car insurance, car payments and all the other things you asked your parents to pay for with the money that grew on the tree in the backyard.