Not necessarily. Although the total amount of debt has predicted inflation and the business cycle better than M1 or M2, it may not be a better predictor in the future.
<h3><u>
What is inflation?</u></h3>
- Price increases, or inflation, can be thought of as the gradual loss of purchasing power.
- The average price increase of a selection of products and services over time can serve as a proxy for the rate at which buying power declines.
- A unit of currency effectively buys less as a result of the increase in pricing, which is sometimes stated as a percentage.
- Deflation, which happens when prices fall and buying power rises, can be compared to inflation.
- The objective of measuring inflation is to determine the overall effect of changes in price for a variety of goods and services.
Without some theoretical reason for believing that the total amount of debt will continue to predict well in the future, we may not want to define money as the total amount of debt.
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The way that this policy is going to be known to affect the consumers budget line is that it would make the budget line flatter.
<h3>How does this policy affect the budget line?</h3>
First the formula for the intercept is given as
budget divided by the price of the good on their different axis.
The exemption of taxes is going to make the price of the good on x to fall. This would then raise the ability to afford it. The intercept then goes to the right. Hence it is flatter.
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Answer:
With installments loans the pay back time can be stretched out longer then a layaway
Explanation:
Simple Random Sampling is the type of sampling which Vince should use. In SRS or Simple Random Sampling, <span>the </span>sample<span> is </span>random<span> because each owner in the informal network (acquaintances) has an equal chance of being chosen.</span>
Answer:Technological advancements.
Explanation: Technological advancement is the overall improvement in the Manufacturing, Organisation, coordinating and use of technology in order to meet the growing needs of Man. Technological advancements can be in different fields such Medical,trade/commerce, Manufacturing etc.
THE ABILITY OF THE GERMAN BREWERY BEING ABLE TO ORDER STATIONERIES FROM ENGLAND USING AN ONLINE FORM IS AN EXAMPLE OF TECHNOLOGICAL ADVANCEMENT.
