Answer:
Explanation:
Inflation is often defined in terms of its supposed causes. Inflation exists when money supply exceeds available goods and services. Or inflation is attributed to budget deficit financing. A deficit budget may be financed by additional money creation. But the situation of monetary expansion or budget deficit may not cause price level to rise. Hence the difficulty of defining ‘inflation’.
Inflation may be defined as ‘a sustained upward trend in the general level of prices’ and not the price of only one or two goods. G. Ackley defined inflation as ‘a persistent and appreciable rise in the general level or average of prices’. In other words, inflation is a state of rising price level, but not rise in the price level. It is not high prices but rising prices that constitute inflation.
Inflation may be caused by a variety of factors. Its intensity or pace may be different at different times. It may also be classified in accordance with the reactions of the government toward inflation.
Thus, one may observe different types of inflation in the contemporary society:
i. Currency Inflation
ii. Credit Inflation
iii. Deficit-Induced Inflation
iv. Demand-Pull Inflation
v. Cost-Push Inflation
Inflation is mainly caused by excess demand/or decline in aggregate supply or output. Former leads to a rightward shift of aggregate demand curve while the latter causes aggregate supply curve to shift leftward. Former is called demand-pull inflation (DPI) and the latter is called cost- push inflation (CPI).
The social hierarchy and class differences of The Animal Farm caused its demise.
<h3>What is
Animal Farm?</h3>
Animal Farm is a satirical allegorical novella by George Orwell that was first published in England on August 17, 1945. It tells the story of a group of farm animals who rebel against their human farmer in the hopes of establishing a society in which the animals can be equal, free, and happy.
Animal Farm is a metaphor for the totalitarian system or the Soviet Union, the pigs for the society's authorities, and each of the other characters in the work serves as an implicit metaphor for other instances as well.
To know more about Animal Farm follow the link:
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The correct answer is (He thinks she is worried but optimistic about her husband’s health.)
Answer:
It would be hostile
Explanation:
Amicable means to be friendly so hostile is the oppisite of it.
Answer:d.the wilderness surrounded the jar and seemed no longer wild in the presence of the tall, round jar that was like a port.
Explanation:
