Inflation “Inflation is the rate at which the general level of prices for goods and services is rising‚ and‚ subsequently‚ purchasing power is falling.” Central banks endeavour to put an end to grave inflation‚ along with drastic deflation‚ striving to keep the extravagant growth of prices at the lowest level. For example‚ if there is 5% inflation in a specific country and the price of sugar is usually £3‚ it will spontaneously escalate from £3 to £3.15. Every government’s tries to keep a low
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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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lation is an inevitable property of any economy in the world. In simple words‚ inflation is the rise of general level of prices. However‚ inflation is a much more complex phenomenon than simply the increase of prices. Inflation (or general inflation) is also identified with the fall of market value of money within a particular economic system. However‚ some economists prefer to use the term inflation to describe a rapid increase in money supply in a single economy. Generally‚ this is the main cause
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INFLATION It can be stated that Inflation is the rise in prices of products as a result of the increase in the quantity of money. This definition however would be inefficient since for two reasons; 1. If we simply term inflation to be a rise in prices of certain products then we will be mistaken because prices might be rising in one sector of the economy yet falling in another sector. 2. We have to take into account that the process may be high this month but generally fall the following month
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Major Cause of Inequality.“The origin of inflation is often found in the panicky nervousness of unstable governments in politically unstable communities. Given political stability there is no reason why India should not be able to carry out her future plans without generating serious inflationary pressure on the price level.” Keeping 1960-61 as the base year‚ the Fourth five year plan save the price index at an all time high of 331 in September 1974 (with 1961-62-100). This was due to a combination
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Economic Survey of Pakistan 2002-03 An online publication by Chapter 1. Growth and Investment 1. Growth and Investment The outgoing fiscal year 2002-03 has region are expected to be the star performers with witnessed a sharp recovery in economic growth growth exceeding 6.0 percent. With the exception accompanied by equally impressive performance of Thailand‚ the other ASEAN countries are of agriculture and large-scale manufacturing. projected to grow by less than
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In the midst of a world where countless advancements have been made to better our society as a whole‚ the concept of race and the misconceptions that come along with this are more prevalent an relevant than ever. Man’s Most Dangerous Myth – The Fallacy of Race that was written by Ashley Montagu in such an elegant and insightful manner took on the task at debunking the many absurd and detrimental dogmas that were ever so present during the time he wrote this masterpiece. The horrific practices and
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Book myshow.com- A case study Bookmyshow is the only web-site in India that sells tickets on behalf of multiple cinemas. You can search for listings‚ select the time and the cinema and buy tickets all on one web-site. Bigtree Entertainment founded in 1999‚ is India’s premier comprehensive entertainment ticketing applications and analysis solutions provider. With an investment by the Network18 Group‚ BIGTREE ENTERTAINMENT PVT LTD has launched an aggregator service called www.bookmyshow.com – A Movie
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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
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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
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