Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
What is Cost-push inflation
Cost-push inflation takes place when costs of production increase causing short-run aggregate supply curve to shift to left.
The main causes of cost-push inflation are rising prices of raw materials, gas, oil and food or a sudden increase in wage rates. Increased business costs imposed on firms squeeze profit margins and force firms to push up their prices which then causes cost-push inflation.
Cost-push inflation experienced in UK since 2009 has two major sources. First the devaluation of sterling on currency markets has made imported services and goods into the UK more costly. Second the global increases just noted in prices of energy, food and commodities have been causing a cost-push inflation in the UK.
Government and Price-Determination can be understood as follows: The government might intervene in the market and mandate the maximum price (price ceiling) or the minimum price
Question : The long-run position of an economy is described by the quantity theory of money: M/P = L (Y, r) Where M: nominal money stock; P: price level; Y: real income a
An investment promised a payoff of $195 two and a half years from today. At a discount rate of 75% per year what is the present value of this investment? A. 169.47 B. Not enoug
Each day millions of Americans purchase millions of goods and services. These goods and services are generally readily available, as long as you have the necessary money to purchas
mang ki aye loach
How is economics works with interaction of individual choices? Principles behind the interaction of individual choices: 1. There are gains through trade. • Specialization
EXPLAIN ANY FIVE USES OF NATIONAL INCOME STATISTICS
Suppose that an individual stock's return is normally distributed with a mean of 9% and a standard deviation of 4%. What is the probability that the stock's return will be less tha
Unemployment classification Economists sometimes differentiate between different types of unemployment. There are many type of ways of classifying unemployment however the foll
Which economic system is the best solution to handling a crisis of epic proportion?
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd