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The occurrence of grade inflation is affecting the quality of education throughout the system. A lot of students, at every level of education, are promoted to higher grades even though they are unqualified for that grade. Grade inflation is quite similar to the concept of...
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What is inflation? Inflation is a process of continuous increase in the price of most goods and services in a country. This does not necessarily mean that all prices increase. There are some goods, like computers, which have actually dropped in price. Inflation can therefore...
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The CPI calculation in the inflation rate is considered as a combination of many goods, which are accumulated within the year. The same products are used in the following year and the next, which means that in the calculation of the inflation rates. The amount...
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In 1991 the Colombian authorities implemented inflation target for the first time, at the time the central bank (Banco de la Republican, BR) and the government were not clear about their tasks on macroeconomic management and there was not an authority that set any monetary...
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Macroeconomics also referred to as Keynesianism, is a branch in economics that deals with the structure, behaviour .performance and decision making of an economy as a whole microeconomics. Economists study the aggregate indicators in the economy such as the Gross Domestic Product (GDP), the price...
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NAIRU, which is the non-accelerating inflation rate of unemployment represents the rate of unemployment at whish inflation will stabilise. The NAIRU theory was used to explain the stagflation phenomenon of the 1970’s when the Phillips Curve could not . According to the theory it is...
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Methods to Control Inflation MONETARY MEASURES A moderate rate of inflation is sometimes considered to be essential but it varies from country to country and from time to time but as the rate of inflation crosses the desirable limit, certain measures are undertaken to prevent...
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CAUSES OF INFLATION Inflation is the state where overall worth level is growing time by time signifying imbalance between claim and providence of things at present prices. Reasons of inflation differ from country to country, so diverse sorts of inflation occur at diverse places relying...
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Zero-Inflation Targeting and Increased government spending to fight recession. Zero-Inflation Target As an economic driver and policy advanced by the central bank, inflation targeting is indeed an effective principal for controlling the level of inflation and maintaining it a set level (Bernanke & Mishkin, 1997)....
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In 2015, Venezuela ordered more than 10 billion bank notes to combat rising inflation. It was reported that De La Rue, a currency maker in the United Kingdom, sent a notice of payment not received to the Central Bank of Venezuela. The money owed by...
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Venezuela is not the best place to do business. Inflation is so high that menu costs—ordinarily insignificant—would be high. The government has cut ties with the IMF, and does not want to switch to a more stable currency to prevent further inflation, like what Zimbabwe...
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There are two ways of controlling inflation in an economy: Monetary measures Fiscal measures Monetary Measures The government of a country takes various measures and formulates policies to control economic activities. Monetary policy is one of the most commonly used measures taken by the government...
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Inflation in Singapore is caused by both domestic and external demand-pull and cost-push factors. Singapore mainly suffers from demand-pull inflation, which may occur when increases in aggregate demand (AD) persistently exceeds that of aggregate supply (AS), which caused excess demand when the economy is near...
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Once food costs rise in pricey countries, it’s associate degree inconvenience, one thing to grumble regarding. But, once food costs rise in poor countries, it will build a distinction between going hungry and obtaining enough to eat. Food inflation is venturous and mutable. Farming-based costs...
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Over the past couple of decades debt of all kind has exponentially grown, making it nearly impossible for all of it to be paid off. However, through a tactic known as monetary inflation it becomes possible to pay off such insurmountable debts by drastically increasing...
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Filipinos queuing for hours to get their government-issued food supply. Citizens having to spend fewer bills to save money. Poor people getting a lower chance of acquiring food. Locals venting out their opinions on social media. These are the typical scenes we get to see...
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Introduction Measuring inflation is a difficult problem for government statisticians. To do this, many items representing the economy are gathered in what is called “market basket”. The cost of this basket will be compared over time. As a result, the price index which is the...
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In Kenya, there has been negative relationship among inflation and business banks’ loaning volumes and base loaning rates. This is on the grounds that as inflation expands, the business bank loaning volumes in Kenya decays. On the other hand, there exists positive connection between the...
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In Kenya, there has been negative association between inflation and commercial banks’ loaning volumes and base rates on lending. This is due to the fact that as inflation increases, the commercial bank loaning volumes in Kenya declines. Conversely, there exists positive relationship between the base...
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“What is poverty?” by Jo Goodwin Parker may be a denotative interpretation of poverty. UN agency the poor area unit and the way the society’s stereotype is injustice. Parker with success describes the poor people’s issues and also the purpose of read that society has...
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The CPI is very important macroeconomic indicator for the policymaking process. For this reason, in this paper a new forecasting approach was examined for forecasting inflation. Using monthly data ranging between January 2008 and March 2018, whether the application of the DMA approach is appropriate...