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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
Assuming that it was struck at Philadelphia and is circulated it is worth face value. If it is uncirculated they will sell for $1 to $20 depending on quality.
Why does it matter if the CPI overstates or understates the inflation rate?
Many people's pensions are linked to the CPI, and it is also generally used as a guide for negotiating pay raises [in the long run, people's raises need to *EXCEED* the 'true CPI', or else their financial situation never improves or indeed, gets worse].
And so when the government 'fudges' the numbers [like in the U.S., where food and energy, (the most basic cost-of-living prices) were recently excluded from the measure] and people don't realize that the number has been fudged, they will tend to lose buying power each year, because their raises in pay/pension won't be keeping up to the *ACTUAL* increase in the cost of living. :)
Where do you find historical inflation rate in India?
This should be one of the most authentic data sources available.
http://www.rbi.org.in/Scripts/PublicationsView.aspx?id=9545
Available from
http://www.rbi.org.in/Scripts/AnnualPublications.aspx?head=Handbook%20of%20Statistics%20on%20Indian%20Economy also at: http://newspp.blogspot.com/2009/03/declining-inflation.html
How much would 980000 worth in 1968?
$980,000.00 in 1968 had the same buying power as $6,837,595.87 in 2016.
Explain osi reference model with relevant diagram?
OSI model (Open System Interconnection) was developed by International Organization for Standardization (ISO) in the year 1984. It is nothing but an abstract 7-layered model that explains the working of various networks. It explains the changes that the data undergoes, when it passes through the network. This model defines the exact stages that a data must undergo when it travels from one device to another through a network. TCP
/IP
model is another such networking protocol, which is more advanced than the OSI model. The main difference between these two protocols is that the OSI model is older than the TCP
/IP
model and it does not support Internet working. The OSI model diagram was developed to explain the working of various inter-computer
communications and was invented before the advent of the Internet. Scroll down and know more about the working of various layers in the diagram.
OSI Model General Diagram Explained
As you can see in the OSI reference diagram provided in this article, the model is made up of 7 layers, namely the application layer, presentation layer, session layer, transport layer, network layer, data link layer and the physical layer. An easy way to remember the order of these layers is, "All people seem to need data processing", where the first letter of every word represents the respective OSI model layer. These seven layers can be divided into two sets as application set and transport set. The application set consists of application layer, presentation layer and session layer, while the transport set comprises the remaining layers. All these layers together work in synchronization for transmitting data from one computer to another. Given below is a brief information on functions of these layers.
Application Layer: The application layer is said to be the closest layer to the user. It is through this layer that a user can interact with the software application that will aid in the data transfer. The main functions of the application layer are identifying the user who wants to communicate, determine whether the data and networks sources are available and lastly synchronizing the communication between the two users. File Transfer Protocol (FTP), Telnet, Simple Mail Transfer Protocol (SMTP), etc., are some of the actual implementations of application layer.
Presentation Layer: The main function of presentation layer is to convert the data into a format that could be easily recognized by the application layers of other end users. Compression/decompression, conversion, encryption/decryption, coding/decoding, etc., are some of the tasks undertaken by this layer. Thus this layer converts the data obtained from the application layer into a format that can be easily identified by other network layers.
Session Layer: Session layer plays an important role in establishing, maintaining and terminating the connection between two users. This layer controls the communication between the source user and the destination user and also decides the time of communication. Any error report related to application layer, presentation layer and session layer, are provided by this layer.
Transport Layer: The transport layer is responsible for delivering the data or the messages between the two users. The first task that the transport layers carries is to divide the data in packets. This data is further re-assembled
at the side of the receiver user. The transport layer is also responsible for error free data transmission and it also guarantees that the data will be received in correct sequence at the receiver end. UDP, SPX, TCP, etc., are some of the protocols that operate on this layer.
Network Layer: The main function of the network layer is to provide switching technologies, routing technologies and transmitting data from one node to another. This layer creates logical paths for the data transmission, which are known as virtual circuits. Network layer is also responsible for handling errors, packet sequencing, controlling network congestion and addressing. Thus this layer is responsible for the setting up the required network for transferring data from one user to other.
Data Link Layer: Providing reliable transit of the data through a physical network, is one of the main functions of the data link layer. This layer decides the physical configuration of various devices. The data link layer is responsible for synchronization of various physical devices that will transmit the data. It makes sure that the frames are transferred in correct order and asks for retransmission in case of error. Basically, the data link layer is a layer that provides reliable transmission services to the network layer.
Physical Layer: As the name suggests, the physical layer is the layer that deals with the physical components of a network. It is responsible for activation, maintenance and deactivation of various physical links that act in data transmission. Electrical signals, voltage levels, data transmission rates, etc., are some of the major elements defined by the physical layer. It is also responsible for passing and receiving bytes from the physically connected medium.
OSI model is a conceptual model of seven different layers that helps you understand the working of a network in a simple and easy manner. I hope this explanation has cleared your queries.
Read more at Buzzle:
//www.buzzle.com
/articles/osi-model-diagram.html
What is the value of an 1865 US 2.50 dollar gold piece?
$850 to $50,000 depending upon the condition of the coin and the mint mark it bears.
How do you define grade inflation?
Grade inflation is the increase over time of academic grades, faster than any real increase in standards.
How does the study of economice help us as consumers?
Yes because it will teach you the value of the dollar which will help u learn to save and spend money wisely
Does inflation rob you of your savings?
Yes and no. If your "savings" are not in a savings account, then technically yes. This is because your savings will slowly lose its purchasing power as inflation happens (emphasis on slowly, you will only "lose" 1-5% annually unless inflation spikes in a bad way). If your savings is in a savings account and is accruing interest, then no. This is because the interest will make up for the inflation.
What economic theory encourages growth in the amount of goods and services available?
supply-side economics
Does the UK have low inflation?
Depends what you mean by "low". There are various measures and various types of inflation. The British Government has several, and has recently moved from one to another to calculate "inflation linked" price and pay increases. It's around 5% currently.
Difference between demand and supply and what causes each?
The words are just what they say. Demand is how much desire consumers have for a product or service. Supply is how much of a product or service is available. When demand is great and supply is low the price of a product or service increases. When demand is low and supply is great, the price of a product or service decreases. The effect on price is the quantification of supply and demand. Demand in many instances is driven by disposable income and free time. Henry Ford recognized this in increasing the wages of his workers and decreasing their work time. See the related link below.
What is the value of a 1971 half dollar?
August 9, 2009
The 1971 Kennedy Half Dollar was Produced at 2 US mints: Philadelphia which is shown as 1971-P in this list and Denver which is shown as 1971-D in this list. To determine which coin you have it will be necessary to locate the mint mark. This mark consists of a small letter which will be found on the obverse [heads] side of the coin just above the date at the base of the neck. A letter "P" is for Philadelphia and a letter "D" is for Denver. These coins can still be found in circulation so they have a circulated value of fifty cents.The uncirculated values for these coins are shown in the following list:
Uncirculated Grades..........1971-P............1971-D
MS60..................................$6.....................$6
MS63..................................$10....................$8
MS64..................................$15....................$12
MS65..................................$35....................$17
MS66..................................$325..................$45
MS67..................................$2,000...............$125
More:This coin was actually minted at 3 different mints: Philadelphia, Denver and San Francisco. Circulated coins are worth $0.50 but uncirculated coins are worth mentioning. These are the values according to USA Coin Book as of 09/2010:Philadelphia: An MS65 Brilliant uncirculated coin is worth about $1.42
Denver: An MS65 Brilliant uncirculated coin is worth about $1.18
San Francisco: Proof coins were minted here and they are worth $5.53 in PR65 condition.
How much was 7000000.00 in 1975?
$7,000,000.00 in 1975 had the same buying power as $31,901,252.41 in 2016.
What is 600 dollars in 1939 worth in 2010?
$600.00 in 1939 had the same buying power as $9,254.96 in 2010 and $10,136.79 in 2016.
Why inflation was high in india in 1974?
It was just because of war between india and pak 1971 caused slowly and gradually rise of inflation in india and pakistan too,while on that time only these two country were more affected then any other
It really depends... But right now we are having a small inflation. Some are saying it actually is going down a little bit, but at a really low rate.
How long does an inflated belly last?
basically until you decide to release the air/water or whatever from your belly
What percent of US money exists in physical currency?
About 2-3% of the total money supply exists in physical currency.
What is Vietnamese money Made of?
Vietnamese money is made of Paper and thread sewed together. The coins are alluminum, and was named Dong.
Factors affecting capital structure?
There are many factors that can affect capital structure. The most common factor is a downturn in the economy. A decrease in sales can also affect the capital structure.
