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What is it called when the economy is slowing down but prices are still going up?
When the economy is slowing down but prices are still going up this is called inflation. Inflation is a measure of the rate at which the prices of goods and services rise over a period of time. When the rate of inflation is high it means that the cost of living is increasing and people have less buying power. Inflation can be caused by a number of factors such as an increase in the money supply an increase in demand for goods and services or an increase in the cost of production. It can also be affected by factors such as government policy political instability or natural disasters. Inflation can have both positive and negative effects on an economy. It can boost economic growth by encouraging people to spend more but it can also hurt peoples purchasing power.Inflation is an important indicator of economic health and it is important for governments and central banks to monitor it closely. By doing so they can ensure that the economy remains stable and that prices remain in check.
Who determines the prices in your economy?
The Chancellor of the Exchequer or other equivalent financial leader in the government determines tax, and the companies themselves charge as much as they think they can get away with, yet still being competitive.
Who makes economic decisions for Vietnam?
In Vietnam, the economy is still very much state orientated meaning, the government controls many key features in an economy (Interest rate; exchange rate; oil prices...) However, in recent times, privatizing is occurring more frequently than before.
Why is the mixed economy the best for the country?
In a mixed economy, the free market still has competition to improve the product as well as set prices, while the government can intervene to make sure that companies cannot harm customers by making sure that companies cannot do things like put lead in their products.
Which countries have a market economy?
Almost every country has a market economy; North Korea still has a command economy. WRONG^^ U.S. is rumored to be a market economy, but there are not pure market economy.
What is it called when the economy is slowing down but prices are still going up?
When the economy is slowing down but prices are still going up this is called inflation. Inflation is a measure of the rate at which the prices of goods and services rise over a period of time. When the rate of inflation is high it means that the cost of living is increasing and people have less buying power. Inflation can be caused by a number of factors such as an increase in the money supply an increase in demand for goods and services or an increase in the cost of production. It can also be affected by factors such as government policy political instability or natural disasters. Inflation can have both positive and negative effects on an economy. It can boost economic growth by encouraging people to spend more but it can also hurt peoples purchasing power.Inflation is an important indicator of economic health and it is important for governments and central banks to monitor it closely. By doing so they can ensure that the economy remains stable and that prices remain in check.
Is gold price still be high?
Yes, gold prices are high and are still going up due to global demand and supply variations
How does the economy affect the photography industry?
As the economy is still slowly decreasing, more and more people will be unable to afford to hire a photographer and then photographers will end up going out of buisness.
What has not changed since the Korean War?
The cold war is still going on in the penisula. The people and the land are still in seperation. American military troops is still there. North Korea is still under strict planned economy.
Is china experiencing economic growth or economic slowing?
China's Economy is still expanding rapidly - up from 9% in 08 to 9.1% in 09 to 10.3% in 2010 however it is still some way from overtaking the u.s at 9.72 trillion dollars GPD PPP compared to 14 trillion dollars GPD PPP for the u.s.
Who determines the prices in your economy?
The Chancellor of the Exchequer or other equivalent financial leader in the government determines tax, and the companies themselves charge as much as they think they can get away with, yet still being competitive.
When velocity is negative and acceleration is positive what happens to an objects motion?
Its slowing down (but still moving).
Is china's population increasing or decreasing?
Still growing, but the growing speed is slowing down
Are antique dealers still in business with this economy?
I believe that antique dealers are still in business with this economy. People in this economy are still looking for that unique gift or piece of furniture that can only be found through antique dealers.
Do you still have listings and prices for older model construction tools?
Do you still have listings and prices for older model cutting machines
When was the economy down?
What are you talking about? It still is!
Who makes economic decisions for Vietnam?
In Vietnam, the economy is still very much state orientated meaning, the government controls many key features in an economy (Interest rate; exchange rate; oil prices...) However, in recent times, privatizing is occurring more frequently than before.
