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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

Where can you get basketball inflated?

I would just buy pump. Sport stores probably have pumps or in your in school, see your gym teacher

How do you figure inflation rate?

Frankly, it's not something that's easy to accurately figure for the average consumer, but what the government does is keep a list of goods and services that they consider "typical", and measure the price of that total over time. Then they take the cost of the new basket of goods, subtract the old basket of goods, and divide by the cost of the old basket of goods. For example, if this year's "basket" cost $1000 and last year it cost $930, then the inflation rate would be 1000 - 930 = 70 / 930 = 0.075 or 7.5 percent.

Keep in mind this is for a wide basket of a variety of goods which you may or may not use yourself. Your gas prices and electric bill might go up, but if your grocery costs go down, they tend to balance each other out somewhat. They'll also measure changes in what you get for the money too and factor that in.... for example if the box of crackers that still costs $1 now contains 12 ounces instead of 13, they adjust accordingly.

Why is hidden inflation a problem?

It is a huge problem. Something like this happens when the asking price does not decrease but the quality does.

That however is one way of looking at it. Hidden inflation can manifest itself in many ways, another instance is when there is impending inflation rise in a certain asset but temporarily prices are low, shortly accompanied by a sharp rise in prices.

The sudden and sharp increase in prices affect the overall balance of the market. Sometimes such imbalances can have far reaching effects.

Does the death benefit of an adjustable life policy automatically increase with inflation?

It does not "automatically" increase and not due to inflation but it may increase. Your statements should reflect this. There are a few different factors. I can help you 4Lifeguild

Inflation distorts relative prices. What does this mean and why does it impose cost to consumers?

Inflation distorts relative prices. What does this mean and why does it impose a cost on society?

What are the causes of price inflation?

The following is some of the many points that could cause price inflation:

  • Increase in price of raw materials
  • Increase in price of labor
  • Increase in price of production costs
  • Increase in taxation rates
  • Excess printing of money
  • Drop in exchange rates

Are the results of inflating your belly permanant?

if you do water inflation, it should come out. for air, youll fart it out a lot, but if you inflate a lot, it may stay that way a while, but not, like, forever, no.

What is walking inflation?

Walking inflation: When the price rise is moderate (is in the range of 3 to 7 %) and the annual inflation rate is of a single digit, it is called walking inflation. It is a warning signal for the government to control it before it turns into running inflation.

2008 inflation rate?

To date the 2008 "core" inflation rate is about 4.2%. Add to that housing and energy costs and the real inflation rate is about 11.2%.

What are some famous oil pollution quotes?

An oil spill is a kind of pollution caused by oil, where liquid petroleum hydrocarbon is released into the environment, such as marine areas. A sample quote is: "If you ask the fish whether they'd rather have an oil spill or a season of fishing, I wouldn't be surprised if they'd vote for another blowout" by Mark Bittman.

What are the 5 causes of a business cycle?

Capital Expenditures

Inventory Adjustments

Innovation and Lmitation

Monetary Factors

External Shocks

Why does Zimbabwe have a record of high unemployment rate and lowest inflation rate in southern Africa?

Zimbabwe has a high unemployment rate because Mugabe has forced many white land "owners" to give up there land to the government to be redistributed to black war veterans in the area. His reason for doing so is to "Right the wrongs of colonialism." Also the inflation rate is low because Zimbabwe doesn't currently use their own currency, they trade with currencies such as the U.S. Dollar, and the South African Rand.

What is Zero inflation and Mild inflation?

Zero inflation is where the economy reach a state of 0% inflation rate. This is not really good in the sense that it shows the economy is stagnant/not growing. This may turn away the investors.

Mild inflation is basically low rate of inflation around 2% to 3%. Mild inflation shows that an economy is stable and indicates economic growth.

How do you know when to stop belly inflation with air pump?

When using an air pump for belly inflation, it is crucial to monitor the pressure levels to prevent overinflation. One way to know when to stop is by referring to the manufacturer's guidelines for the maximum recommended pressure. Additionally, you can use a pressure gauge to measure the current pressure inside the belly and stop inflating once it reaches the desired level. It is important to proceed with caution and avoid overinflating, as it can lead to discomfort or potential damage.

What does the inflation date indicate?

Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service.

Demand-Pull Inflation,

Cost-Push Inflation etc.

How many groceries could you buy with a dollar in 1954?

It would depend on what you were buying. A better question would be "how much would 1 dollar be worth in 1954?" which unfortunately I don't know. Hope I helped!