Inflation is too much money chasing too few goods and services; in 1946, there was a lot of pent-up demand following the Depression and WW II, and lots of money that had been saved during WW II because there was nothing to spend it on.
during periods of inflation tax rates sholkd
Each government will have a set target with which the inflation rate should lie. For example, in NZ the inflation rate target is 1-3%.
Dignity
during inflation the best method to use inventory valuation that produces that produces that least amount of profit is
The worst case of hyperinflation in the 20th century took place in Hungary in 1946.
$8000.00 in 1946 is worth $96,342.42 in 2011, according to the dollartimes.com Inflation Calculator.
In U.S. dollars, $8000.00 in 1946 is worth $96,342.42 in 2011, according to the dollartimes.com Inflation Calculator.
Inflation was a big problem for Americans during the Revolution
during periods of inflation tax rates sholkd
Each government will have a set target with which the inflation rate should lie. For example, in NZ the inflation rate target is 1-3%.
In 1946, the average cost of a beer in the United States was approximately 15 to 20 cents. Prices varied by location and type of establishment, but this range reflects the general cost during that time period. Adjusted for inflation, that would be significantly lower in today's dollars.
Dignity
british
it can be wise if the inflation rate doesnt reach the extent to which the money has to be changed
a
during inflation the best method to use inventory valuation that produces that produces that least amount of profit is
yes