Inflation is the rise in the general level of prices. This is equivalent to a fall in the value or purchasing power of money. It is the opposite of deflation. Measuring inflation Inflation is measured by observing the changes in prices of goods in the economy using econometric techniques. The rises in prices of the various goods are combined to give a price index that reflects the change in prices of these many goods‚ where the inflation rate is the rate of increase in this index. There is
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LETTER OF TRANSMITTAL Date: August 20‚ 2004 To: Professor Kahlil-ur-Rehaman From: SUMS Group Subject: Transmittal of Project We are given pleasure to transmit this report‚ “Relationship between Inflation & Employment” under the unprejudiced conclusions of Financial Management Course‚ during summer (3rd) semester 2004 of MBIT program‚ IBIT department‚ University of the Punjab. We have arranged our superlative efforts in originating this undertaking. We enormously enjoyed
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The Cause and Effects of Inflation Chris Hinman Most people are aware that inflation is a continuing rise in the general level of prices‚ but it is also important to know the causes and effects of inflation as well. It is also important to understand that inflation is self-sustaining and can act as a snowball effect. Consumers expecting a rise in prices may increase spending‚ causing the market prices to rise. In the periods of higher prices‚ producers may be more inclined to increase wages
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Causes and effects of inflation You are Here: Home > Managerial Economics > Causes and effects of inflation Share Definition of inflation and it’s types Causes of Inflation 1. Over- Expansion of Money Supply: Many a times a remarkable degree of correlation between the increase in money and rise in the price level may be observed. The Central Bank (India’s RBI) should maintain a balance between money supply and production and supply of goods and services in the economy. Money supply exceeds
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INFLATION : 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. How is inflation measured Inflation in India is measured through a WPI ( wholesale price index ) . In India‚ the wholesale price index (WPI)‚ rate consisted of three main components - primary articles‚ which
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While a murderer destroys the physical frame of the victim‚ a rapist degrades and defiles the soul of a helpless female‚" is the famous quote on this topic. Anatomy of Rape Sexual assault on women is a common phenomenon in our country. Under sexual assault comes; molestation‚ eve-teasing‚ child sex abuse‚ rape‚ marital rape‚ domestic violence. Of all these crimes‚ Rape is the most violent crime which is committed against women. According to Section 375 of the Indian Penal Code‚ Rape means an
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School Violence : Causes And Remedies Educators and policy makers have been grappling with the issue of violence in schools for decades‚ .Educators‚ psychologists‚ psychiatrists‚ social workers‚ political scientists‚ anthropologists‚ and sociologists have all weighed in on the possible causes. Sifting through the theories can be overwhelming‚ and implementing effective violence prevention programs is often frustrating. No wonder‚ then‚ that teachers and administrators often feel defeated when
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What are causes of inflation in China and how to cope with inflation? In the past decades‚ China has experienced a rapid economic growth. However‚ Chinese people have been greatly affected by the inflation caused by such rapid economic development. Compared with other years in 2000s‚ the inflation rate in 2004‚ 2007‚ 2008 and 2010 were quite higher which more than 3 percent (Zhang‚ 2011). And in 2007 only‚ the Consumer Price Index (CPI) increased by nearly 5% from 2.2% to over 7% (Anderson‚ 2008)
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Inflation : measurement ‚ causes and consequences Measuring Inflation The main measure of inflation is the consumer prices index (CPI) : a measure of changes in the price representative basket of consumer goods and services . Differs from retail prices index (RPI) in methodology and coverage. - It forms the basis for the inflation target that the government requires the Bank of England’s Monetary Policy Committee to achieve. - It is also the main measure used in the rest of the European
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Eucalypus Oil Remedies. Eucalyptus opens the lungs and encourages breathing‚ clears clogged nasal passages and bronchial congestionmaking eucalyptus one of the best known cold remedies.Eucalyptol‚ one of its main constituents‚ is found in many over-the-counter cough drops. Eucalyptus oil is also a good pain reliever for sore muscles and arthritis pain. Remedies The eucalyptus oil is a multipurpose essential oil‚ that can be used as a home remedy for treating congestion and colds. Add 5-10 drops
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