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Causes for inflation in UK?

After the financial crisis hit, the pound devalued relative to the euro. The UK imports a lot. That seems to have kept inflation in the system. Recent VAT increases - notably on fuel - may be pushing the inflation rate up now.


Why the inflation rate of zimbabwe is so high?

Inflation rate of Zimbabwe is so high because there is no single manufacturing unit is establish. all commodities from needle to aircraft were imported. they take million of loan from foreign banks


What is the relation between recession and unemployment?

A recession is defined as a period of general economic decline; specifically, a decline in the country's GDP (Gross Domestic Product) for two or more consecutive quarters. During a recession, the country's liquidity is not at its best. Companies cannot easily raise fresh capital for expansion of their business. Maintaining customer base and profit would be the main aim for companies during a recession. During a recession the company would do either or both of the following: 1. reduce unnecessary expenditure (cost optimization) and/or 2. reduce unnecessary work force (resource optimization) As a result of these two steps, the number of employees in the company may come down. resulting in unemployment. Similarly, the company would not be in a position to expand its operations. Hence the number of fresh employment positions that would be created by the company would also take a hit. This would also cause unemployment.


What groups did not benefit from the major inflation known as the Price Revolution that hit England in the mid-1500s?

The aristocracy


Why is inflation a problem?

Inflation robs you of you savings. Inflation also causes you to pay taxes on land you sell. You have to charge more dollars just to get the same value back for your land. Then you are hit for an income tax on those cheaper dollars that you get. Inflation is like a hidden tax. It is the way that the government rips you off. One more thing. Inflation creeps you up into a higher tax bracket. It may even trigger the ATM. To get a good perspective on inflation you may want to read the book, The Biggest Con.

Related Questions

In 1987 Brazil runaway inflation rate hit?

800 percent. World History page 912.


Causes for inflation in UK?

After the financial crisis hit, the pound devalued relative to the euro. The UK imports a lot. That seems to have kept inflation in the system. Recent VAT increases - notably on fuel - may be pushing the inflation rate up now.


What is the rate of employment in Florida?

As of May 2013, the rate of employment in Florida was 92.9%. This is highest rate of employment since September of 2008, before the financial crisis in America hit.


Who hit highest sixes in a inning?

who hit highest six


Did the black death hit India?

Yes, it did hit India in 1994... Plague in India


Highest strike rate in an innings in twenty20 world cup?

The highest strike rate recorded by a person in an innings in twenty world cup was 414.28 by Dwayne Smith. He scored 29 runs of 7 balls. It was against Bangladesh in 2007 T20 world cup. The next best strike rate was by Yuvraj Singh in a match against England where he hit 58 runs in 16 balls with a strike rate of 362.5


Which is the highest notes hit by a female artist?

The female who can hit the highest note is Mariah Carey and Whitney Houston


Why is it illegal to hit a cow in India?

it is illegal to hit a cow in India because the cow is god


How many points can a lesser demon hit?

The highest a lesser demon can hit in Runescape is anywhere between 70-85. The highest I have ever been hit (level 60, 45 def) is around 40ish. The highest I have ever seen them hit it is in the 80 range.


Why the inflation rate of zimbabwe is so high?

Inflation rate of Zimbabwe is so high because there is no single manufacturing unit is establish. all commodities from needle to aircraft were imported. they take million of loan from foreign banks


What is the highest hit ever hit on adventure quest worlds?

I hit the black knight with 51234 damage glitch. The highest hit for mage class is a round 1420 that I (gigamoe4) hit by using ice shard then fireball.


Who has hit highest boundary in an ODI match?

Sachin Tendulkar. It was versus South Africa in Gwalior (India) on 24th Feb 2010. He hit 25 boundaries.