0
increase in price of goods
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
What is headline rate of inflation?
Headline rate of infaltion related wiith income growth determine the individual's standard of living. it included the prices of that commodity that are volatile such as food and energy items.
What happens when you adjust for inflation?
When adjusting something (such as costs, budgets, profit, etc etc) for inflation, one has to multiply the figure by the infaltion for the period you are examining. For instance, if we are looking at profits from 1950 in today's dollars, you want to mulitply the profit in 1950 by the inflation factor (which will be very high) to get the figure in "today's dollars".
Why is it that when there is low inflation workers will accept a low wage increase?
From the worker's perspective, raises are judged good or bad in reference to inflation. Its really a question of buying power more than the actual amount of money. Think of this example... If inflation is running 2% per year and you get a 2% raise, you break even. Your salary buys the same stuff at the start the year and the end of the year. If inflation is 2% and you got a 4% raise, you're now making more money than before. You have more buying power relative to the economy as a whole. So as a worker, your goal is to be able to buy more each time you get a raise. So if inflation is low, you can accept a lower raise and still increase buying power as long as the raise is higher than inflation. So when infaltion is low, a low raise (that's still bigger than the rate of inflation) just as effective as a large raise when inflation is high.
What are some non example of inflation?
One of the biggest example that comes to my mind for examples of infaltion is minimum wage. Way back when, back in the day, minimum wage was, like, 25 cents. And people could live off of that. They could buy their food clothes and everything else. Now because of inflation, food and clothes along with everything else is more expensive and minimum wage has been increased to $5.25 or something close to that?
What is headline rate of inflation?
Headline rate of infaltion related wiith income growth determine the individual's standard of living. it included the prices of that commodity that are volatile such as food and energy items.
What happens when you adjust for inflation?
When adjusting something (such as costs, budgets, profit, etc etc) for inflation, one has to multiply the figure by the infaltion for the period you are examining. For instance, if we are looking at profits from 1950 in today's dollars, you want to mulitply the profit in 1950 by the inflation factor (which will be very high) to get the figure in "today's dollars".
Latest report on Infaltion rate of India?
http://www.google.com/search?hl=en&client=firefox-a&rls=org.mozilla:en-US:official&hs=eko&ei=1O8TS9aqDZWplAejstWhBA&sa=X&oi=spell&resnum=0&ct=result&cd=1&ved=0CAoQBSgA&q=Latest+report+on+Inflation+rate+of+India&spell=1
Why inflation at very high level and very low level is harmful for economy?
Inflation at a very low level will be harmful for the economy because when the low infaltion will prevail in the economy purcahsing power of the people will get high and they will demand for more goods increase in demand will leads to increase in production in the short run it will be profitable but in the long run it will be harmful for the economy because in the lon run factors of production will be repletion and will lead to lower production and leads to economic crised. in the long run factors of production decides the price of the products not the demand of the products.
Why is it that when there is low inflation workers will accept a low wage increase?
From the worker's perspective, raises are judged good or bad in reference to inflation. Its really a question of buying power more than the actual amount of money. Think of this example... If inflation is running 2% per year and you get a 2% raise, you break even. Your salary buys the same stuff at the start the year and the end of the year. If inflation is 2% and you got a 4% raise, you're now making more money than before. You have more buying power relative to the economy as a whole. So as a worker, your goal is to be able to buy more each time you get a raise. So if inflation is low, you can accept a lower raise and still increase buying power as long as the raise is higher than inflation. So when infaltion is low, a low raise (that's still bigger than the rate of inflation) just as effective as a large raise when inflation is high.
Who wants to live in Pearl Harbor?
chloe because it is inevitable for her to join the dark side so she has to run a way fro m her family and go to the final frontier with her monkey brother who lived in the circus for three years until the accident in which he lost his ear so he copuldnt juggke the lions so he had to get a job as an accountant but when the stock marklet crashed he ended up on the street because he had invested to much in shares by bying them on credit so he was broke but he ended up finding a pink diamond so he had ebopuigh money for him and his monkey family to move to pearl harbor and start a new life with the cousin who actually was part of the monkey mafia even if he was half albatross but he had retired that year so he could spend some more time with his family so he retired wityh alot of money and he invested in property but because of infaltion noone bought the houses so he lived off the charity from the nuns in pearl harbor conclusion: nuns like to live in pearl harbor
What are some non example of inflation?
One of the biggest example that comes to my mind for examples of infaltion is minimum wage. Way back when, back in the day, minimum wage was, like, 25 cents. And people could live off of that. They could buy their food clothes and everything else. Now because of inflation, food and clothes along with everything else is more expensive and minimum wage has been increased to $5.25 or something close to that?
How much is a tops Michael Jordan card worth?
Jordan's 84 Star XRC fetches around $2000. Upper Deck have released many 1/1 signed cards in the Exquisite set over the years - I think one of these sold on eBay for $60000 (it was a dual auto with LeBron James). The first Jordan rookie card graded 10 by BGS sold for $150000.
Was there any body alive when the big bang theory happened?
AnswerNo, there was no matter at the time of the Big Bang. There was only energy. It is thought that only energy in the form of the superforce existed when the Big Bang began. The four fundamental forces in the universe, the strong and weak interactions (strong and weak nuclear forces), the electromagnetic force and gravity, were all "combined" into one force carrier, which we term the superforce. The energy density at the time of the Big Bang was almost unimaginably high. Matter could not exist under these circumstances; it (matter) simply could not form from so much energy in such a small volume of spacetime.Answer: There was No Big Bang!The assumption of a small volume of spacetime at the "Big Bang" presumes the Big Bang. If the "Big Bang didn't happen", then no small space volume. Then no super-physics "inflation" needs to happen. "Inflation" presumes Space just exapanded out of "Nothing"! Space is not "Nothing", space has resistance to electromagnetic transmission, z Ohms. Z is the ratio of Quantum Magnetic Charge W Webers and Quantum Electric Charge C Coulombs. These same Quantum factors define Planck's Constant h = WC ; W = 500 E-18 Volt seconds and C = 4/3 x 2 E-18 Coulombs. The Electromagnetic Energy and forces before "Inflation" were transmitted through the "medium" of z and z must have been created from nothing to fill the "Infaltion" Space.Assuming Pre-Big Bang was all energy then the pressure would be P = DE = E2/zc, energy per unit volume, what ever the "small volume". If energy is not created or destroyed then with c still a constant then E and z must change with the Inflation volume increase. Certainly z must expand into the Inflation space to carry the electromagnetic energy into the inflation space, is this not 'matter" under Big Bang "circumstances"? How does the energy move into the Inflation space without z?Does The Big Bang maintain Energy Conservation? Conservation of Energy exists with Matter and Energy co-existing and interchanging. matter turning to energy E=mc2 and vice versa. The probability that all the matter transformed into energy at a point in time (before the Big Bang) is possible but not probable. It is more possible and probable that everything was matter before the Big Bang. The most probable situation is the Universe has always had matter and energy and there never was a Big bang.The Big Bang is a Creation Theory of Origins of the Universe, less scientific than the Biblical story. The Biblical Story at least posits a Creator in the Creation Story.
What were the main factors in the decline of the roman empire?
The Roman Empire suffered a long, slow, but finally sure decline between the 3rd and 5th centuries C.E. for various reasons. The lack of consistently strong and wise leadership at the highest levels was one reason. The social disunity caused by religious dissension and conflict was another. Quite distinctly, the growing strength and confidence of Rome's aggressive neighbors to the north and east was perhaps the most significant, as these "barbarians" steadily encroached upon Roman territory and wealth with increasing success.
