Food Inflation Trends and Causes In our country almost 40% people are living below the poverty line and high inflation makes it extremely difficult for them to maintain the livelihood. Though Inflation hits the poorer the most‚ it also affects the middle class of our society significantly. For past few months Indian economy has been witnessing consistent spiralling food prices. Country got some respite with the food inflation rate declining to 6.60 percent for the week ended November 26‚ from
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Essay 1: Are Cell Phones Dangerous? For the past several years‚ the technology industry has subdued America. More and more people are using cell phones that could play games or go on social media. This may sound fascinating‚ but could these features cause problems like addiction‚ or texting while driving? I feel that even though cell phones have been making people’s lives easier‚ these small hand-held devices are like guns‚ because both put people’s lives at risk when used at the wrong time. Have
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REACTION PAPER Inflation Rate in the Philippines 2011 The Bangko Sentral ng Pilipinas (BSP) said that although the scope for keeping policy rates has narrowed due to continued climb of the inflation rate‚ there is still no need to hike rates. This as the government reported the rise in the inflation rate to 4.3 percent last February from month-ago’s 3.5 percent on account of faster inflation rate in food and oil commodities. BSP Governor Amando Tetangco Jr.‚ in a text message to reporters
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INFLATION Inflation is a term that refers to a persistent increase in general price levels of goods and services over a given period of time. The rise in inflation is mainly attributed to rise in food and fuel costs which results in a sharp rise in the prices of goods and services in the local market. MEASURING INFLATION Consumer Price Indices Inflation rate is calculated as the rate of change in consumer price indices from one period to another. Periods can be yearly or monthly. Pa-(Pa-1)Pa-1×100Where:
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AH505861 Semester spring 2012 Topic Assigned: Discuss the current rate of inflation in Pakistan and its impact upon business sector. Topic: Discuss the current rate of inflation in Pakistan and its impact upon business sector INFLATION ` Inflation means a rise in prices of goods and services in an economy over a period of time. Inflation is caused by some demand side factors (Increase in money supply‚ Increase in income‚ Black money spending‚ Expansion
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Is inflation always bad for an economy? Inflation is a general increase in prices and fall in the purchasing value of money measured as percentage; ways of measuring it include the retail price index and the consumer price index. One cost of inflation is that firms may have to spend money‚ time and effort moving money around financial institutions (banks etc.) so that they can ensure it doesn’t lose its value‚ it incurs shoe leather costs as a result of this. However these costs can be offset by
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Myths About Africa Africa continues to suffer from a long tradition of neglect. Being seen as the “dark continent”‚ many people begin to assume that all of Africa is poor. There are many myths about Africa today that seem inevitable to forget. Novels‚ movies‚ television and all modern media play a very important role in how Western society views Africa. Savage Africans are the lowest of the lowest in Western film. As this is the only aspect of what Westerners see about African culture‚ it is
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Issues: » Understand the concept of inflation and its causes. » Critically analyze the various initiatives taken by the Indian government and the RBI to address inflation. » Analyze the significance of Government and Central Bank in controlling inflation and the possible effect of their initiatives on the economy. Keywords: Indian economy‚ Inflationary trends‚ Effect of High Growth on Inflation‚ Wholesale or Consumer Price Index‚ Foreign Exchange rate‚ Bank Rate‚ Cash Reserve Ratio‚ Monetary
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Topic –: “Monetary Policy and Inflation dynamics” Objective - : To study the Monetary policies developed by central bank to control the inflation & it’s implications on Indian economy Introduction -: Inflation and monetary policy are closely related concepts wherein the latter can be used efficiently to reduce the effect of the former. Inflation is the rise in prices and wages that reduces the purchasing power of money. Monetary policy is the regulation adopted by the central bank‚ which
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Effect of Smoking Done By : Jelaine Pak Chen Yee Premanan Sasu Antony Tauseef Smoking can be considered as one of the most dangerous habits in an individual. Statistics shows every year hundreds of thousands of people around the world die cause by cigarettes. Besides that‚ statistics also shows that about 9 out of 10 tobacco users start before they’re 18 years old. Most of the smokers died at middle age due to their smoking habit. They are effects on smoking such as
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