What is inflation what are the causes of inflation

Assignment Help Business Economics
Reference no: EM13923942 , Length: 1000 Words

Inflation is a measure of how prices have changed over time.  If prices are changing due to inflation, each dollar spent will buy less.

Questions:

1. What is inflation? What are the causes of inflation?  Is inflation desirable and what can be done to control inflation in a market economy?

2. What is the Consumer Price Index (CPI)?  How has the CPI behaved since the year 2000?  What have been the causes of these changes? In your response, include a graph of the CPI for this period and cite your source.

3. What is the Producer Price Index (PPI)?  How has the PPI behaved since the year 2000?  What have been the causes of these changes? In your response, include a graph of the PPI for this period and cite your source. 

Reference no: EM13923942

Questions Cloud

Explicate the diplomatic doctrine the president followed : Describe the effects of these diplomatic efforts for the U.S. and other countries.
Aristotle and the virtue theory : Which of the following is true according to Aristotle and the Virtue theory? 1. What is legal is not necessarily ethical and what is ethical is not necessarily legal.
Describe the intuition underlying the macroeconomic approach : Describe the intuition underlying: (a) the macroeconomic approach to identifying risk factors, and (b) the microeconomic (i.e., characteristic-based) approach to identifying risk factors.
What source of power does chris have : If you were the dean of SAS, knowing that the VP does not want to set a college wide policy, and Chris appealed to you, what would you do? Would you develop a school wide policy for SAS?
What is inflation what are the causes of inflation : What is inflation? What are the causes of inflation?  Is inflation desirable and what can be done to control inflation in a market economy? What is the Consumer Price Index (CPI)?  How has the CPI behaved since the year 2000?  What have been the caus..
What is the projects profitability index : Vandelay Industries is evaluating a project that costs $1,350,000 and has a 20 year life. Depreciation will be straight-line to zero over the life of the project. Management believes they will be able to sell the equipment at the end of the project f..
Calculate the rate of return for each these investments : You’re trying to choose between two different investments, both of which have up-front costs of $100,000. Investment G returns $165,000 in 9 years. Investment H returns $285,000 in 16 years. Calculate the rate of return for each these investments.
Briefly discuss one study that does not support the apt : Briefly discuss one study that does not support the APT. Briefly discuss a study that does support the APT. Which position seems more plausible?
What is the portfolio beta : You own a stock portfolio invested 25 percent in Stock Q, 20 percent in Stock R, 40 percent in Stock S, and 15 percent in Stock T. The betas for these four stocks are .81, 1.19, 1.20, and 1.37, respectively. What is the portfolio beta?

Reviews

Write a Review

Business Economics Questions & Answers

  Economics assignment

This document contains various important questions and their appropriate answers in the subject field of Economics.

  Demand and supply curves

Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.

  Long-run perfectly competitive equilibrium for the firm

Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..

  Supply and demand diagrams

Explain each of the following using supply and demand diagrams,  With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.

  Case study: fisher-price toys

The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.

  Draw the production possibility curve

Draw the production possibility curve and a. Define consumer surplus and producer surplus.

  Tax revenue

The Australian government administers two programs that affect the market for cigarettes

  Maximize total welfare

How many tickets to sell to maximize total welfare.

  Difference between the cv and the ev

The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled

  Depict von neumann-morgenstern utility index u in a diagram

Depict the von Neumann-Morgenstern utility index u in a diagram

  What is the market solution

What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution

  Calculate gross national product and net national product

Calculate gross national product and net national product

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd