A sustained rise in the prices of commodities that leads to a fall in the purchasing power of a nation is called inflation. Although inflation is part of the normal economic phenomena of any country‚ any increase in inflation above a predetermined level is a cause of concern. High levels of inflation distort economic performance‚ making it mandatory to identify the causing factors. Several internal and external factors‚ such as the printing of more money by the government‚ a rise in production
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Unit 6 - Inflation & Economic Growth Inflation As prices for goods and services that we consume increase‚ inflation is the result. The inflation rate is used to measure the rate of change in the overall price level of goods and services that we typically consume. While inflation is a regular annual occurrence in modern economic systems‚ it only becomes a policy concern when reaching unacceptably high levels. As we shall see‚ many modern economic policymakers have developed a short fuse for
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Inflation in Bolivia is at 7.18%‚ making the country fourth among the countries of its region. The cost of food products increased the most and‚ according to analyses‚ the ever growing demand from China and low production due to climactic conditions also influenced these annual numbers (Prensa‚ 2011).International analysts point at the Bolivian gasolinazo as the factor that increased inflation to 7.18%‚ way above the country’s initial inflation rate of 4.5% at the beginning of the year 2010 (Prensa
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Vietnam faces more price hikes despite inflation woes Vietnam’s government is set to raise electricity prices by 15% on Tuesday‚ at a time when the population is already struggling with a soaring cost of living. Last week the Vietnamese government also raised the retail prices of oil products by as much as 24%. In February‚ inflation hit a two-year high of 12.31%. Analysts say despite the government’s measures to tighten monetary policy‚ price pressures are likely to continue. "The increases
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1. Describe the trends in unemployment and inflation The number of people out of work fell by 14‚000 to 2.5 million in the three months to December 2012 (ONS).The unemployment rate was 7.8%‚ of the economically active population‚ down 0.1% on July to September 2012. A few months after the start of the recession in 2008‚ unemployment started to rise sharply. When the global financial crisis hit‚ the unemployment rate was a little over 5% or 1.6 million. Towards the end of 2009‚ with the UK coming
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As the article “China’s Wen says country must control inflation” said‚ there is high inflation in China. Inflation is defined as a persistent increase in the average price level in the economy‚ usually measured through the calculation of a consumer price index. (IB economics—Blink & Dorton) In China‚ the foods prices are increasing every year –compared to last September consumer prices rose 6.1%‚ but output of foods didn’t increase at all‚ which means the cost of production is increasing because
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with interactions with people‚ places where knowledge plays a key concepts of awareness. For instance‚ the author Thompson highlights his suggestions of the importance to identify and to be informed of children with abilities and skills to draw representationally are the one who are aware of their environment by using personal experience and associating family characters. Thompson mentation’s Lowenfeld to back up his point of view
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Executive Summary Based on the case “Thompson Asset Management” from HBS Professor William Fruhan and writer John Banko‚ this group exercise has the purpose to discuss various investment philosophies and consider the advantages of quantitative investing‚ especially technical analysis. Moreover‚ it should discuss the return variability and risk/return characteristics of the “Thompson Asset Management” funds‚ the ProIndex and the ProValue funds‚ regarding its returns‚ absolute and relative risks
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We’re Alive‚ Thanks to… A Dog?!?! In January of 1922‚ Dr. John Macleod walked into a small high-ceilinged room surrounded by crisp white walls and a small blue cot. On that cot lay a gaunt-faced young boy named Leonard Thompson. He was barely 14 years old ‚ in a coma‚ and slowly dying from a previously incurable disease. Macleod had been testing a hormone that could cure this boy and people just like him from their life threatening illness‚ but had been unsuccessful in finding something that would
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RESEARCH METHODOLOGY FINAL PROJECT INFLATION AND UNEMPLOYMENT SUBMITTED BY: AHSEN ALE INTRODUCTION Inflation seems to be a chronic problem in many parts of the world today and unemployment‚ a phenomenon‚ true for Pakistan‚ and valid for United States and other western economies. Even the fastest growing Chinese economy is not totally immune to it. Thus this research project deals with the analysis of unemployment and inflation in Pakistan. The purpose of this research
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