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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 would one explain breast inflation?

Many women are unhappy with the size of their breasts. Some have had surgery due to cancer and have had their breasts removed. Others have never been satisfied with the size of their breasts that nature gave them. Either way, these women often would like to undergo a procedure called breast inflation, where the size of the breast is increased through surgery. Implants are inserted into the woman's chest and when she is stitched up, she has a breast that is the intended size.

How much was 7.50 In 1960 Compared To Today?

$7.50 in 1960 had the same buying power as $60.34 in 2016.

Can Productivity gains curb inflation?

if there is more productivity, the average cost to make a unit gets lower, and as a result the price is decreased. Therefore, it can be said that productivity gains help to curb inflation since inflation takes place when prices rise.

What is written here has a high degree of truth, but remember, the fish net is still filled with inflated dollars and the indention will either be light or short in time.

What is running inflation?

RUNNING INFLATION: "It refers to the situation where the price level rises very fast. In case, price level doubles up every 3 years. It is, generally, succeeded by galloping inflation"

How much was 1200 worth in 1917?

$1,200.00 in 1917 had the same buying power as $24,468.10 in 2016.

What are the factors affecting recession?

Factors that affect recession are complex and vary between each incident. What most recessions seem to have in common is an over speculation in stocks, real estate, commodities or some combination precedes the recession. They are usually marked by a loss in confidence by the public which can affect the length/depth of the recession.

What types of inflation targeting?

Inflation targeting typically involves two main types: explicit and implicit targeting. Explicit inflation targeting involves a clear commitment by central banks to achieve a specific inflation rate, often communicated through numerical targets and timelines. Implicit inflation targeting, on the other hand, does not set a formal target but still aims to keep inflation within a general range, guided by broader economic goals. Both approaches aim to enhance economic stability and predictability, influencing monetary policy decisions.

Who is most likely to be worried about high inflation?

Individuals on fixed incomes, such as retirees relying on pensions or Social Security, are often most worried about high inflation, as it erodes their purchasing power. Low- and middle-income families may also be concerned, as rising prices can strain their budgets and limit access to essential goods and services. Additionally, businesses that rely on stable prices for planning and investment might worry about inflation's impact on costs and consumer demand.