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Inflation

A persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in available currency and credit beyond the proportion of available goods and services.

1,474 Questions

What can result in and from inflation?

Simply put, Inflation is the result of anything or phenomena that causes the Money Supply in an economy to exceed the Actual Output level at a particular time... It is this concept that laid the foundation for the lay definition of Inflation being, 'more money chasing fewer goods.'

What have been the causes of inflation in Kenya?

Inflation has been brought about the weakening of the kenya shilling versus the American dollar an issue that has made the cost of living too high leading to escalating prices of commodities.

What happens when aggregate planned expenditure exceeds real GDP?

If aggregate planned expenditure exceed real GDP, firms sell more than they planned to sell and end up with inventories being too low. vice versa if aggregate planned expenditure is less than real GDP, firms sell lessthan they planned to sell and end up with unplanned inventories.

How much was nickel worth in the 1800s?

It was worth 5 cents, the same as today, but that amount bought considerably more at the time.

It's difficult to make a specific comparison because goods and services are so different now than they were 150 years ago, but a very rough guess extrapolating from 20th-century inflation figures indicates that a nickel in the late 1800s would buy at least what $1.50 to $2.00 buys today.

How can nominal GDP increase even though real GDP falls?

Primarily this happens because of increase in prices.

Nominal GDP= GDP using current prices.

Real GDP= GDP that takes prices changes into account.

Let me give a very simple example, let's say:

In year 1, the country produced 10 computers for 10 dollars each. So GDP for year 1= $100

In year 2, the country only produced 9 computers for 15 dollars each. So GDP for year 2 = $135 (9x15)

In year 2,the nominal GDP has increased from $100 to $135. However, we measure real GDP using a base year, in this case year 1, so we use the price of year 1 to find the real GDP for year 2.

Using prices of year 1 we have: 9 computers x $10 each = $90 of real GDP.

Finally, you see that even nominal GDP for year 2 was $135, the real GDP was $90.

What is an aggregate expenditure?

expenditure money paid out; an amount spent expenditure the act of spending money for goods or services expenditure the act of consuming something

What is the value of a 1963 half dollar?

So many were struck, if it shows any wear the value is for the silver, about $11.00.

What is the inflation rate in Germany?

Due to the Treaty of Versailles, Germany had to pay reparations to France, Belgium and Britain (£6.6 billion). The reparations were due to start in 1921. French and Belgium troops invaded the Ruhr in response to the German Government failure to pay the reparations they owed. Germans workers were then forces to go on strike in the Ruhr but continued to get paid. The German Government printed more money to pay the German workers and to pay the reparations they owed the other countries. Then the workers on strike got more money that they could buy things from the shop. As they spent more money in shops they shop keepers put their prices up. The German Government carried on printing money so the shopkeepers raised their prices again. Then prices were inflating do fast that it was known as hyperinflation. By November 1923 a loaf of bread cost around 20 million marks.

Why inflation may restrict the usefulness of the balance sheet as normally presented Examples?

Most of the values are based on historical or original price. The balance sheet does not account for inflation, therefore the numbers will be incorrect when it comes to the actual price of inventory.

Is inflation harmful?

Too much inflation will ruin the economy but small levels of inflation will spur growth.

Inflation is very harmful to any economy because it can ruin the economy's development and growth and this is not suppose to be. Inflation is also very harmful to any economy because the people living in that economy might not survive the situation and this is when you see that an economy is affected and if nothing is done to it, it can cause an economy to collapse.

Hubungan hukum pajak dengan hukum pidan perdata dan publik?

3. HUBUNGAN HUKUM PAJAK DENGAN HUKUM PERDATA

Prof. Mr. W.F. Prins, mantan guru besar Ilmu Hukum Pajak di UI dalam bukunya "Het Belanstingrecht van Indonesia" mengatakan bahwa hubungan erat ini sabgat mungkin timbul karena banyak dipergunakannya istilah2 hukum perdata dalam perundang-undangan pajak.

Sebaliknya pengaruh hukum pajak terhadap hukum perdata, sebagai akibat ketentuan bahwa "lex specialis derogate lex generalis"(peraturan yang khusus mengalahkan peraturan yang umum). Maka dalam setiap PENAFSIRANNYA pertama-tama dianut peraturan yang khusus ini.

4. HUBUNGAN HUKUM PAJAK DENGAN HUKUM PIDANA

Ketentuan-ketentuan pidana yang diatur dalam KUHP banyak dipergunakan dalam Hukum Pajak.

LIHAT :

UU No.6 tahun 1983 tentang "Ketentuan Umum dan Tata Cara Perpajakan" pasal 38 dan 39 yang kemudian DIUBAH dengan UU No.16 Tahun 2000: JELAS sekali menyebutkan adanya SANKSI PIDANA (berupa KEALPAAN dan KESENGAJAAN) terhadap wajib pajak yang melanggar ketentuan di bidang perpajakan.

Bahkan, ANCAMAN2 pidana dalam hukum pajak selalu MENGACU pada ketentuan hukum pidana.Misal: è thd wajib pajak yang MEMINDAHTANGANKAN atau

MEMINDAHKAN hak atau merusak barang yang telah disita karena tidak melunasi utang pajaknya akan DIANCAM pasal 231 KUHP

How much would 30000 in 1975 be worth 2012?

1.3 million dollars in 1960 was worth $10,409,530.41 in 2015.

What was a British pound worth in 1670?

The 1800s span a long time time. Around 1800 Britain was at war with France, and there was inflation. Moreover, between 1815 (the end of the Napoleonic Wars) and 1899 prices rose by about 30-40%. Please bear in mind that some prices, especially those of essential foodstuffs and medium quality clothes fell, but the cost of coal rose by 50%+ over the same period. It's impossible to give an exact equivalent, as their were so many inventions in that period. For example, in 1820 people travelled by horse-drawn coaches; from the 1840s onwards rail travel became increasingly common. In 1820 the cost of postage was staggeringly high, but by 1899 a number of people were spending money on luxuries like the telephone - initially quite expensive ... A handful of peope at the very end of the period were enjoying themselves driving in motor cars - extremely expensive before the invention of the assembly line ...

1820: one pound corresponds roughly to 85 pounds now.

1895: one pound corresponds to about 55-60 pounds now.

1934 silver dollar value?

With a date of 1935 the coin is a PEACE dollar. This is the last year issue for all U.S. silver dollars. It was struck in Philadelphia (no mintmark) and San Francisco. Assuming it's circulated and has no 'S' mintmark, average values are from $30.00 to $55.00 depending on the actual grade of the coin.

Who calculates the inflation rate in US?

Inflation rate is calculated by Reserve Bank of India . For inflation rate , basic necessitygoods price is taken as base and on that bases inflation rate is calculated.

How much would 1000 1988 dollars be worth in 2010?

The GPI says it would cost $1568.14 in 2006 In 2005, $1,000.00 from 1990 is worth: *$1,494.26 using the Consumer Price Index *$1,381.79 using the GDP deflator *$1,591.39 using the unskilled wage *$1,810.08 using the nominal GDP per capita *$2,146.40 using the relative share of GDP

How did inflation help Hitler rise to power?

After the end of the First World War, political parties that came into being in Germany decided to reform German polity. This gave birth to the German Weimar Republic.

However, following the signing of the Treaty of Versailles, Germany was forced to pay reparation in the form of money. When the gold reserves in Germany were exhausted, Germany began to print the German Mark in huge numbers and this caused the Economic Depression of the 1930s.

It was amidst this confusion that Hitler marked his rise to power. The people held the Weimar Republic responsible for the Depression and broke their faith in the government.

Hitler's extensive propaganda to win the hearts of the people promised them a better future of economic prosperity. Demonstrations envisaged the ideals of unity and strength which won the confidence of the Germans.

How does the mixed economy solve the basic economic problem?

A mixed economy solves the basic economic problems in various ways. For instance the challenge of what to produce is resolved through price mechanisms.

What is the relationship between inflation and money supply?

Money itself, as it is used in today, is an idea only. When money isn't backed by something solid it is less valuable than previously and causes things to cost more because of the lack of solidity of the money as it is only an idea and everyone is trying to capture the idea and make it concrete. Perhaps also because if there is more money in circulation in theory people have more money to spend, therefore they can afford to spend more.

What is the current inflation rate in the Philippines?

The Sep 2009 CPI index for FBT (Food, Beverage, Tobacco) went from 152.4 from 151.4 in Aug '09 for NCR (Nat'l Capital Region). That's a .66 % increase in one month. An annual or 12 month period (if each month is .66%) rate would be 8.21%.

Does inflation have anything to do with making a dollar today?

If I understand your question correctly, when dealing with inflation, a dollar earned today is worth more than a dollar earned at any time in the future. This has to do with the concept of the present value of money. Because inflation devalues the dollar over time, a dollar earned today is worth more than say, a dollar earned five years from now.

What are some famous pollution quotes?

There's so much pollution in the air now that if it weren't for our lungs there'd be no place to put it all.Robert Orben, 03/14/1927 -

www.sagewisdomquotes.com

What is the inflation rate in Texas?

current inflation rate in harris county

How much was 1 dollar in 1946?

$1.00 in 1946 had the same buying power as $13.00 in 2016.