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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
How do price indexes measure inflation?
Prices indexes measure the rate of inflation from month to month by measuring by how much the price of a number of goods increase over time.
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How does the velocity of money effect inflation?
1. Velocity of money is the rate or frequency money gets exchanged over a period of time. It can be siad that Volcoity of money can be a variable that determines of inflation. It may be used as a a warning sign for hyper-inflation.
What is organs that inflates and deflates moving air in and out of the body?
Your lungs would do that.
How much would 20000 dollars in 1845 be in todays dollars?
To do this you will want to visit www.bls.gov. This is the government site, The Bureau of Labor Statistics.
You would then want to locate the Consumer Price Index (CPI) for both 1845 and the latest published CPI. However, as of right now, the BLS is only reporting a CPI as far back as 1913. I will use this CPI, if you are provided with the value for the 1845 CPI, replace that where the 1913 CPI is in the equations. I will be using the Annual Average CPI of both years, provided by the BLS.
$20,000 (CPI in 2009/CPI in 1913)=present value
$20,000 (214.537/9.9)=433,408.08
So, $20,000 of 1913 dollars is the same as $433,408.08 of 2009 dollars.
Essay on effects of inflation on common man?
inflation for the first hits the common man because inflation indicates hike in the price of general commodities what a common have to use in his day-to-day life, if he experiences the weight of commodity in terms of money..common man finds difficult to run his life with zeal.."burden dictates his normal life"
From what year should a penny be worth more than 500 dollars?
I assume you're referring to a U.S. cent and not a British penny, since the terms are often confused.
The value of any coin depends on its date, condition, and mint mark just for starters. There are a lot of other more subtle variations but those are usually the big three. The U.S. has struck cents since 1793 at Philadelphia, Denver, and San Francisco so you have a huge number of possibilities to choose from. As examples, here are links to cent values at Numismedia, just one of many sites providing numismatic price guides. I scanned through them and found many dozens of coins meeting your criterion.
Large cents: http://www.numismedia.com/fmv/prices/lrgcnt/pricesgd.shtml
Flying Eagle: http://www.numismedia.com/fmv/prices/flycnt/pricesgd.shtml
Indian Head: http://www.numismedia.com/fmv/prices/indcnt/pricesgd.shtml
Lincoln: http://www.numismedia.com/fmv/prices/lnccnt/pricesgd.shtml
LincolnsAssuming you are referring to the current Lincoln cent, it would have to be one of the following :1909-S VDB
1914-D in at least AU grade
1922 NO D in at least VG grade
1955/55 doubled die obverse
These are the 4 main coins that would most likely reach the $500 price tag.
How is the cost of living measured?
The cost of living is measured on a scale known as the Cost of Living Index. This scale measures the cost of living over different times and regions by measuring the prices of goods and services.
With an inflation rate of 9 percent prices would double in about how many years?
In about 8 years.
Worked out by doing (1.09)^x=2
1.09^8 = 1.99
What are the implication of the price rise of recent year?
Given the rise in the numbers of people on Earth, resources are running out to feed them, Earth/humanity is heading for a crisis.
How much was 250000.00 in 1931?
$250,000.00 in 1931 had the same buying power as $3,672,748.45 in 2016.
What is the value of a lightly worn 1812 silver dollar?
The U.S. did not mint any dollars for circulation between 1804 and 1835 inclusive. There are however millions of counterfeit and fantasy pieces with "impossible" dates and designs, mostly made in the Far East.
If your coin says it is a U.S. $1 piece with the date of 1812, you can be sure that what you have is one of the latter items.
How would the inflation rate affect the hotel and restaurant industry in the Philippines?
The behavior (rise or fall) of the inflation rate directly affects consumer spending, and indirectly the hotel and restaurant industry.
Elasticity is the percentage change in one variable resulting from a percentage change in another variable. Thus, the price elasticity of demand is the percentage change in quantity demanded of a good resulting from a percent change in its price. Elastic demand means that the percentage change in quantity demanded of the good is greater than the percentage increase in price. This means that the demand for a good is very sensitive relative to price. Therefore, if the price increases by one dollar the quantity demanded for that good will decrease by a lot and if the price decreases by one dollar the quantity demanded for that good will increase by a lot. The determinants of price elasticity of demand are: substitutes of the good, percentage of income the good's price, and the need of the good. Substitutes are other goods that have the same or similar function to the particular good; if there are many substitutes then the price will be elastic in which the primary good becomes too expensive consumers will switch their demand to a close substitute, and if there are not many substitutes the price will be inelastic in which the primary good becomes very expensive consumers will have to buy that good no matter what. If the price of the good is a large percent of the consumer's income the elasticity of demand will be high, since the consumer will not want to spend the majority of their income on one good. If the good is a necessity, for example food, then people will have to buy it no matter the price therefore it will be very inelastic. If the good is a luxury good like a yacht then the demand elasticity will be very elastic.
A marginal product curve is a visual presentation that demonstrates the relationship between the marginal product and the quantity of its input. All other inputs are fixed.
How does inflation affect investment?
The inflation affects the investment indirectly when read with the return. Example if an investment provides a return of 6%, and the inflation during the same period is 5%, the investment in real terms increases only by 1% and not by 6%, as inflation eats away returns to the tune of 5%.
How much would 6000 be worth in 1965?
$6,000.00 in 1965 had the same buying power as $45,485.58 in 2016.
