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When the expansion of the economy and the inflation that goes with it stop the business cycle has reached a?
Wiki User
∙ 11y ago
Peak or a high point.
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∙ 11y ago
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What is current economic condition of Pakistan?
The economy of Pakistan is the 47th largest in the world in nominal terms and 27th largest in the worldPakistan has a semi-industrialized economy which mainly encompasses textiles, chemicals, food processing, agriculture and other industries.The economy of Pakistan is suffering with high inflation rates well above 26%.Due to inflation and economic crisis worldwide, Pakistan's economy reached a state of Balance of Payment crisis.
What was the inflation rate under Jimmy Carter?
Despite a sluggish economy, inflation reached as high as 14.8%, and interest rates reached as high as 18% during the period 1977-1981. By 1985-1990, this contributed to the failure of Savings and Loan associations which had many bad loans, especially in real estate. Of course, Carter had inherited the general inflationary trend from the Nixon and Ford adminstrations, which saw the beginnings of double-digit levels. President Ford had instituted the generally-ineffective program called WIN (Whip Inflation Now) in October, 1974. However, by November of 1976 the rate had subsided to 4.9% and was 5.2% when Carter took office. Continuous rises brought it to 14.8% in March, 1980, and 11.8% when Carter left office. Since 1982, general inflation has been suppressed below 6.5% and at times has been much lower. (see related link)
Advertising became a large part of the economy because of what invention?
Advertising became a large part of the economy because of continuous technological advancement that were invented. With the use of technology, advertising reached more audiences and impacted different communities / societies.
How many phases does a trade cycle consist?
Business Cycle (or Trade Cycle) is divided into the following four phases :-Prosperity Phase : Expansion or Boom or Upswing of economy.Recession Phase : from prosperity to recession (upper turning point).Depression Phase : Contraction or Downswing of economy.Recovery Phase : from depression to prosperity (lower turning Point).The business cycle starts from a trough (lower point) and passes through a recovery phase followed by a period of expansion (upper turning point) and prosperity. After the peak point is reached there is a declining phase of recession followed by a depression. Again the business cycle continues similarly with ups and downs.. Prosperity PhaseWhen there is an expansion of output, income, employment, prices and profits, there is also a rise in the standard of living. This period is termed as Prosperity phase.The features of prosperity are :-High level of output and trade.High level of effective demand.High level of income and employment.Rising interest rates.Inflation.Large expansion of bank credit.Overall business optimism.A high level of MEC (Marginal efficiency of capital) and investment.Due to full employment of resources, the level of production is Maximum and there is a rise in GNP (Gross National Product). Due to a high level of economic activity, it causes a rise in prices and profits. There is an upswing in the economic activity and economy reaches its Peak. This is also called as a Boom Period.2. Recession PhaseThe turning point from prosperity to depression is termed as Recession Phase.During a recession period, the economic activities slow down. When demand starts falling, the overproduction and future investment plans are also given up. There is a steady decline in the output, income, employment, prices and profits. The businessmen lose confidence and become pessimistic (Negative). It reduces investment. The banks and the people try to get greater liquidity, so credit also contracts. Expansion of business stops, stock market falls. Orders are cancelled and people start losing their jobs. The increase in unemployment causes a sharp decline in income and aggregate demand. Generally, recession lasts for a short period.3. Depression PhaseWhen there is a continuous decrease of output, income, employment, prices and profits, there is a fall in the standard of living and depression sets in.The features of depression are :-Fall in volume of output and trade.Fall in income and rise in unemployment.Decline in consumption and demand.Fall in interest rate.Deflation.Contraction of bank credit.Overall business pessimism.Fall in MEC (Marginal efficiency of capital) and investment.In depression, there is under-utilization of resources and fall in GNP (Gross National Product). The aggregate economic activity is at the lowest, causing a decline in prices and profits until the economy reaches its Trough (low point).4. Recovery PhaseThe turning point from depression to expansion is termed as Recovery or Revival Phase.During the period of revival or recovery, there are expansions and rise in economic activities. When demand starts rising, production increases and this causes an increase in investment. There is a steady rise in output, income, employment, prices and profits. The businessmen gain confidence and become optimistic (Positive). This increases investments. The stimulation of investment brings about the revival or recovery of the economy. The banks expand credit, business expansion takes place and stock markets are activated. There is an increase in employment, production, income and aggregate demand, prices and profits start rising, and business expands. Revival slowly emerges into prosperity, and the business cycle is repeated.Thus we see that, during the expansionary or prosperity phase, there is inflation and during the contraction or depression phase, there is a deflation.
What type of economy does a communist country have?
In a communist society the means of production are controlled by the state and not by private enterprise. However it should be noted that while certain country's describe themselves a s Communist states and others a s capitalist the aim of neither has ever come close to being reached.
What issues might arise if the economy reached full employment?
It would lead to a period of inflation
What is current economic condition of Pakistan?
The economy of Pakistan is the 47th largest in the world in nominal terms and 27th largest in the worldPakistan has a semi-industrialized economy which mainly encompasses textiles, chemicals, food processing, agriculture and other industries.The economy of Pakistan is suffering with high inflation rates well above 26%.Due to inflation and economic crisis worldwide, Pakistan's economy reached a state of Balance of Payment crisis.
What is the unit of currency in Zimbabwe?
The Zimbabwean Dollar, although they have recently started using the US Dollar, since the inflation rates in Zimbabwe reached over a million percent due to the country's collapsed economy.
Marathas reached maxmimum expansion in whose reign?
shivaji
Indian Economy- The present macro-economic scenario?
The Indian economy rapidly growth, and reached the level of certainity
Which state in US first reached a trillion dollars economy?
California
How long does take thermal expansion take?
You may need to rephrase the question. Thermal expansion is the amount a material expands or contracts under temperature change; expansion is instantaeous with temperature. When temperature is reached, so is expansion. It may take time to rach temperature, however.
What are the Four phases of business cycle in economic. easy words?
A business cycle consists of four unique components, each reflecting differing levels of economic activity and the subsequent circumstances occurring during each respective stage. An expansion is where the economy is experiencing positive and increasing economic output. Employment tends to increase (unemployment falls) and there is upward pressure placed on prices (inflation rises) as output rises. A peak is reached when the economy has produced the greatest amount of output. At this point employment is generally at or near its highest level (unemployment is at its lowest level: usually below the full employment rate of approximately 5%) and prices tend to rise more rapidly (inflation accelerates). Following the peak is a recession, or contraction. During this phase output actually decreases (the rate of growth becomes negative); unemployment begins to rise and the inflationary pressure on prices fades In America, due to government involvement, prices usually don't fall, but the rate of inflation decreases). The low point of the cycle occurs next. This is known as a trough and unemployment tends to be at its peak and production at it low point. There is very little upward pressure on prices and in some cases there is downward pressure on prices (deflation). The business cycle is identified and marked by the National Bureau of Economic Research (NEBR), an independent economic "think tank".
What was the inflation rate under Jimmy Carter?
Despite a sluggish economy, inflation reached as high as 14.8%, and interest rates reached as high as 18% during the period 1977-1981. By 1985-1990, this contributed to the failure of Savings and Loan associations which had many bad loans, especially in real estate. Of course, Carter had inherited the general inflationary trend from the Nixon and Ford adminstrations, which saw the beginnings of double-digit levels. President Ford had instituted the generally-ineffective program called WIN (Whip Inflation Now) in October, 1974. However, by November of 1976 the rate had subsided to 4.9% and was 5.2% when Carter took office. Continuous rises brought it to 14.8% in March, 1980, and 11.8% when Carter left office. Since 1982, general inflation has been suppressed below 6.5% and at times has been much lower. (see related link)
Is proprietary software copyrighted by individuals business or both?
It depends on agreements reached between the business and the individuals: if the software is a work-for-hire, for example, it would be owned by the business.
How long has Homeworks been in business?
Homeworks has been in business for 76 years. It had reached 75 years in 2012. Homeworks is a Electric Co-Operative business in the United States of America.
Is Selling the Business, the Right thing to in this Pandemic?
The global economy is witnessing its worst days since the declaration of worldwide pandemic. And after the imposition of lockdown, the brutality reached its height. All the new players who couldn’t bear the load got swept in the wave. But that doesn’t mean you should sell your business. Rather, consider options like recapitalization and grow together with influential players.
