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
Premium Inflation Gross domestic product
Rising inflation Inflation in India – Nature and Magnitude If it all there is a dream in the minds of India’s policy makers and RBI‚ it is to conquer the unflinching inflation. Of course in a candid tone we can say that it is a pipe dream at least in the context of current times. Inflation needs no introduction. Inflation occurs due to a steep rise in price levels against the normal purchasing level of consumers. In the recent years‚ more than any issue Inflation has plagued the Indian economy
Premium Macroeconomics Investment Inflation
Data Digitisation At a time when information and data are becoming an integral part of every organization‚ people have realized that paper records‚ books‚ and journals are not as handy or safe as CD-ROMs. Information must be stored in such media that the storage is safe and the retrieval is quick. The age of Data Digitisation has begun. Digitisation is the process by which physical or manual records such as text‚ images‚ video‚ and audio are converted into digital forms. This is of paramount
Premium Geographic information system Computer graphics
BFA726‚ Corporate Law and Regulation 25 Tutorial 9 – Week Commencing 23/09/2013 (Covers material from Chapters 19 & 20) Question 1 Should a company be allowed to pay a dividend to its shareholders even if the company’s net assets fluctuate over time? Question 2 Spec Pty Ltd (Spec) is a property development company. It owns parcels of rural and semi-rural land in Victoria. Bill owns 80% of the shares in Spec and controls the composition of its board. Last year the company made a small trading
Premium Clinical trial Cancer Breast cancer
What is inflation? Measurement of Inflation Causes and theories of inflation Types of inflation Effects of inflation Fiscal policy Monetary policy Last two years in India Issues:- 1-Inflation in different sectors Factors- 1-supply constraints 2- demand pressures 3- domestic factors Effects of inflation- Control measures adopted in India Conclusion (with future perspective) Inflation A persistent rise in prices in an economy over a period of time is referred to as inflation. Inflation
Premium Inflation
Understanding inflation targeting I C. Rangarajan nflation targeting is back in the news and this is welcome. I have always held the view that the dominant objective of monetary policy is the maintenance of price stability. Inflation targeting gives precision to the concept of price stability. In any monetary policy framework‚ a key ingredient is an enunciation of its objectives. This aspect has assumed increased significance in the context of the stress being laid on the autonomy of central banks
Premium Inflation Central bank
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
Premium Inflation Monetary policy Interest rate
The Century of Inflation The Twentieth century may be remembered as the century of excess. In every area‚ more things were done in the Twentieth century than in any other century in history‚ and in many cases‚ more than in all previous centuries combined. The Twentieth century saw some of the most destructive wars in history‚ the development of the Atomic Bomb‚ the beginning of air and space travel‚ the colonization and decolonization of the Third World‚ the rise and fall of Communism‚
Premium Inflation
APPLICATIONS OF ORGANIC COMPOUNDS IN LASER TECHNOLOGY WHAT IS AN ORGANIC COMPOUND? An organic compound is any member of a large class of gaseous‚ liquid‚ or solid chemical compounds whose molecules contain carbon. Organic chemistry is the science concerned with all aspects of organic compounds. Organic synthesis is the methodology of their preparation. APPLICATIONS OF ORGANIC COMPOUNDS clothing of cotton‚ wool‚ silk‚ and synthetic fibres; common fuels‚ such as wood‚ coal‚ petroleum‚ and natural
Premium Laser Organic chemistry Carbon
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
Premium Inflation Money supply Money