INFLATION - ITS CAUSES and ITS EFFECTS ON VARIOUS SECTORS ON INDIA - September 2nd‚ 2010 WHAT IS INFLATION Defination: Inflation is defined as the rate at which the general level of prices for goods and services is rising and subsequently purchasing power is falling Measures of Inflation Inflation is measured by calculating the percentage rate of change of a price index‚ which is called the inflation rate. Consumer price indices Cost of living indices Producer price indices
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Comparative Analysis of Inflation in Nepal and India Nepal Rastra Bank Research Department Baluwatar‚ Kathmandu 30 November 2011 Nepal Rastra Bank Research Department 30 November 2011 Comparative Analysis of Inflation in Nepal and India Background: Year-on-Year monthly variation of inflation‚ both in Nepal and India‚ seemed to be higher than expected at present situation. Inflation in Nepal is largely affected by rising food price in the country‚ which is a global phenomenon also
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How inflation affect the common man? In: Inflation [Edit categories] The Economist MagazineEconomistSubscriptions.com Get a World view Every Week. 12 Issues for Rs. 500 only! Ads Answer: Inflation is the overall increase in cost of products and services. Increase in taxes and fees leads to inflation. Inflation also generally causes due to scarcity. When the cost of business increases‚ the prices of the products increases and this abrupt increase‚ the income rate supposedly goes down. These
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Definitions[edit source] In the United States the National Bureau of Economic Research determines contractions and expansions in the business cycle‚ but does not declare depressions.[1] Generally‚ periods labeled depressions are marked by a substantial and sustained shortfall of the ability to purchase goods relative to the amount that could be produced using current resources and technology (potential output).[2] Another proposed definition of depression includes two general rules:[3][4] 1. a
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MYP Economics Inflation in the United Kingdom What is Inflation? Inflation is the general increase in prices of goods and services in an economy. When the purchasing power falls‚ currencies tend to lose some of its value. A measure of price in inflation is the inflation rate; it’s the annualized percentage in a general price index (also known as CPI) over time. Inflation is very infrequent and the price level is as likely to fall‚ as it is to rise. The inflation rate of a country may be
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.. 8 4.1 Determinants of Economic Crisis and Unemployment in Brunei ............................... 8 4.1.1 Human Capital Performance ................................................................................ 8 4.1.2 Economic Diversification .................................................................................... 9 4.1.3 Private Sector Development .............................................................................. 11 4.1.4 Economic Statistics Measurement ...
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Final Assignment SEM1 EGfD 7007D Economic Growth and Institutions Efficiency UB: 12024938 8th January 2013 1 Economic Growth and Institutions Efficiency Introduction During the last few decades‚ economists throughout the world have tried to study and identify the macroeconomic determinants of economic growth. Among various models generated to explain the process of growth in an economy‚ one of the best-known is the Solow model of economic growth‚ created by Robert Solow in 1956. According
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According to Gillespie (2011)1‚ “unemployment is a measure of the number of jobless people who want to work‚ are available to work‚ and are actively seeking employment.” However‚ unemployment does not include underemployed workers and part time workers. Since 2008‚ the global unemployment rate has grown. However‚ in normal situations or even boom times‚ the unemployment rate never equals to zero. Hence‚ the main purpose of this essay will demonstrate the situation of unemployment. It will first describe how
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INFLATION: Inflation is a sustained increase in the general price level leading to a fall in the purchasing power of money. Inflationary pressures can come from domestic and external sources and from both the supply and demand side of the economy. FACTORS OF INFLATION: Inflation is defined as the rate (%) at which the general price level of goods and services is rising‚ causing purchasing power to fall. This is different from a rise and fall in the price of a particular good or service.
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Foreign Direct Investment and Economic Growth in South Korea and Policy Lessons for Nepal (A Master Degree Dissertation) Submitted by: Raj Kumar Rai MSc. International Finance Student Ref No: M00235713 Submitted to: Middlesex University Business School‚ London 2008/09 September 25‚ 2009 London‚ United Kingdom I Abstract Foreign direct investment (FDI) is taken as one of the key factor of rapid economic growth and development. FDI‚ it is believed to stimulate
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