In economics‚ inflation is a rise in the general level of prices of goods and services in an economy over a period of time. When the general price level rises‚ each unit of currency buys fewer goods and services. Consequently‚ inflation also reflects erosion in the purchasing power of money – a loss of real value in the internal medium of exchange and unit of account in the economy. A chief measure of price inflation is the inflation rate‚ the annualized percentage change in
Premium Inflation
Grade inflation has been a topic of heated debate for quite some time now. According to Brent Staples‚ "Grade inflation is in full gallop at every level." Every university and school in the United States struggles with this topic. Teachers are vulnerable‚ students are desperate‚ and school boards are wrecking their brains for a solution. Some people argue that the inflation of grades is necessary to help students get ahead in the competitive job market. However‚ in reality‚ the effects of grade
Premium Education High school Employment
Suleiman What is conflict of interest? Conflict of interest is not between conflicting interests only‚ but it is more about when a personal interest comes into conflict with an obligation to serve other’s interests. This type of ‘obligation’ is characterized by a relation between an (agent) who agrees to act in the interest of the (principal)‚ for example- among fiduciaries‚ such as executors and trustees. The subject matter: The subject matter regarding the conflict of interest topic is Egypt
Premium Political corruption Cost-benefit analysis Welfare economics
Breay English 101 October 12‚ 2014 Self-Responsibility One positive to Grade Inflation is the fact that students are less stressed over grades and school over all‚ besides the more money the school gets as a result of higher letter grade output. Although students are less stressed‚ the do however become lazier which in the end results in more stupid people. Some students might take advantage of this and take more classes or do positive and valuable things outside of school. This would not be a problem
Free High school Education Teacher
Inflation is classified on the basis of the process through which it is induced. Under this category‚ there are a) deficit induced inflation; b) wage induced inflation; c) profit induced inflation etc. When it comes to deficit induced inflation‚ this is caused by the adoption of unbalanced budgetary policies. The government would resort to deficit financing which means government spending in excess of its revenue receipts. When the economy is not capable of sustaining the extra resource released
Premium Economics Inflation Money
EFFECT OF INTEREST RATE ON FOREIGHN EXCHANGE RATE (EVIDENCE FROM ASIAN REGION) ABSTRACT: In this article we investigate the impact of a change in U.S. short term interest rates relative to those in some Asian countries like Bangladesh‚ Thailand‚ Japan‚ Pakistan‚ and China on the bilateral foreign exchange rates between the U.S dollar and each country’s currency. Several factors determine the exchange rate of a country. A higher currency makes a country’s exports more expensive and imports cheaper
Premium Foreign exchange market Exchange rate Inflation
A term paper on Macroeconomic issues “INFLATION TREND IN NEPAL CAUSES AND REMEDIES” (For the partial fulfillment of requirement of MBA program) January‚ 2014 1. What is Inflation?? Inflation is the situation of the market disequilibrium in which prices of most of the goods and services persistently rise and the value of the money fall accordingly for relatively longer period of time. Inflation occurs when the amount of the money the purchaser of goods and services
Premium Inflation
Negative interest rates As a result of our current economic situation‚ the bank is contemplating lowering interest rates to a monumental level. They are suggesting we make them negative. This would mean it would cost money to save money; the intention behind this is to stimulate spending within the economy. If businesses are forced to spend more money‚ then aggregate demand shifts to the right as investment‚ one of the components of AD‚ has been increased. Although‚ the interest rate isn’t simply
Premium Inflation Central bank Economics
Define the Problem: The real national unemployment rate is higher than the U.S. Department of Labor’s December figure shows. When the underemployed and discouraged are added to the unemployment numbers‚ the national unemployed rate rises to 16.6%. This causes morale to be low and Americans seem to be giving up. Variables Identified by Order of Influence: 1. The government no longer counts people as unemployed when they stop looking for work. The unemployment numbers don’t account for part-time
Free Unemployment
for $575‚000‚ at a fixed rate of 4.75% per year‚ compounded monthly‚ and a term of 30 years. a) Calculate the monthly payments The payments must discount to a value that is equivalent to $575‚000 today‚ assuming a monthly rate of (4.75%/12)‚ or 0.39583% per month‚ for 360 months. C * Annuity discount factor (0.39583%‚360) = 575‚000 C * 191.70 = 575‚000 C = $2‚999.47 b) For the first six months’ payments‚ calculate the portion that is interest and the portion that is
Premium Compound interest Cash flow Internal rate of return