Category: Inflation

Table of Contents Introduction Balance of payments Inflation Exchange Rate Conclusion References Introduction Government economic policies have been known in the world over to take shapes depending on the economic situation at the given times. Major drivers of shifts in economic policies include the desire to control high rates of inflation, control levels of exchange…

The move by Prime Minister Najib Razaks government to apply cuts on subsidies in 2013 to reduce Malaysias fiscal deficit and high debt burden is part of the reason for the faster increase in prices of essential commodities. So high was the inflation that the consumer price index surpassed the 3.1% December projection by Reuters…

Different events occur every day and every hour; some phenomena operate a twenty-four hours a day. They have the most significant impact on society because they transform society at different levels. Inflation is the depreciation of money due to rising prices, which affects and transforms society around the clock. Inflation affects society in terms of…

Expansionist fiscal policy is a series of government measures aimed at increasing aggregate demand. They involve cutting net taxes or increasing government purchases and may reduce the number of unemployed. According to the Keynesian theory, such actions should be taken only to overcome the economic recession and stabilize the countrys economic activities. Some governments may…

Measuring inflation is crucial for a countrys economic management and effective response to market changes. Many tools have been introduced to correctly and effectively measure inflation, yet the Consumer Price Index (CPI) remains the most widely used in many countries, including the USA. By representing changes in prices of all goods and services purchased for…

Table of Contents Problems of Measuring Cost of Living Reasons for the Problem to Exist Solutions Suggested in the Article Reference Problems of Measuring Cost of Living Fluctuating in a seemingly unpredictable way, inflation rates are shaped by a range of factors, one of which is the change in the cost of living. However, measuring…

Table of Contents Introduction Discussion Conclusion Reference Introduction Beyond Numbers is a new Bureau of Labor Statistics publication that explores how inflation affects the economy. The publication Exploring price increase in 2021 and previous periods of inflation studies price increases by 2021, including information on the previous periods of inflation (Bennion et al., 2022). In…

There is a mutual relationship between business and government where the government regulates the environment in which business operates, and the businesses decide which government will be in place to influence their operations. Businesses look to the government to regulate or deregulate how they operate. This paper focuses on a news article on how raising…

Table of Contents Introduction Unemployment Impact of Interest Rate on Inflation References Introduction Real GDP Refers to every financial activity done by the government, including consumption, investment, and transfer payment. Each form of public spending is dependent on the availability of government revenue. Most governments use different approaches, such as taxation, to generate revenues (Moore…

Table of Contents Introduction Discussion Conclusion Reference List Introduction Inflation is a significant point of concern for all experts in the economy, as well as for ordinary citizens. The rise in consumer prices, which is not comparable to the values of the next few years, has a significant impact on consumer behavior and business. In…