What are the Causes and theories of inflation
What are the Causes and theories of inflation?
Expert
1. Demand pull inflation: Spending increases faster than production.
2. Cost push or supply side inflation: Prices rise because of rise in per-unit production costs (Unit cost = total input cost/units of output).
a. Wage push can occur as result of union strength.
b. Supply shocks may occur with unexpected increases in the price of raw materials.
Complexities: It is difficult to distinguish between demand pull and cost push causes of inflation, although cost push will die out in a recession if spending does not also rise.
The state legislature has voted to develop a grant-in-aid policy to try and induce local communities to devote more resources to improving their infrastructure. Town O = Has an operating budget of $2 million; currently spends a tot
Elucidate redistribution of income?
Entrepreneurs: (w) undertake risky forms of production to gain uncertain profits. (x) obtain interest payments for their services. (y) are usually overcompensated for their innovations. (z) receive virtually all their wealth by inheritance.
Illustrate the advantage and disadvantage of Corporations?
Explain Government expenditures on goods and services and transfer payments?
Describe the Personal distribution of income?
simultaneous method in demand forecasting?
Briefly describe the term Cost of debt?
Elucidate the gains that have occurred using the resources as before specialization?
Assume that melons sell for $5 in Brazil when moose pelts sell for $10, still into Canada melons sell for $10 as well as moose pelts sell for $5. A person who buys moose pelts within Canada to sell into Brazil would be doing: (1) speculation. (2) the “invisible
18,76,764
1938732 Asked
3,689
Active Tutors
1450441
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!