Question and answer
If the Inflation Rate in 1996 was tripled and the House Price Index was only affected by inflation, what would the House Price Index Outside the Capital be starting in 1997?
In economics, hyperinflation occurs when a country experiences very high and usually accelerating inflation. [ While the real values of the specific economic items generally stay the same in terms of relatively stable foreign currencies, in hyperinflationary conditions the general price level within a specific economy increases rapidly as the functional or internal currency, as opposed to a
foreign currency. It loses its real value very quickly, normally at an accelerating rate.[1] Hyperinflation[2] results from a rapid and continuing increase in the supply of money, which occurs when a government prints money or creates credits in bank accounts, instead of collecting taxes to fund government activities. The price increases that result from more government spending create a vicious circle, requiring ever growing amounts of money creation to fund government activities. Hence both monetary inflation and price inflation rapidly accelerate. Such rapidly increasing prices cause widespread unwillingness of the local population to hold the local currency as it rapidly loses its real value. Instead they quickly spend any money they receive, which rapidly increases the velocity of money flow, which in turn causes further acceleration in prices.[3] Hyperinflation is often associated with wars or their aftermath, political or social upheavals, or other crises that make it difficult for the government to tax the population. ]
Ask a question
Not a good answer? Get an answer now. (FREE)
Original conversation
User: If the Inflation Rate in 1996 was tripled and the House Price Index was only affected by inflation, what would the House Price Index Outside the Capital be starting in 1997?

Weegy: In economics, hyperinflation occurs when a country experiences very high and usually accelerating inflation. [ While the real values of the specific economic items generally stay the same in terms of relatively stable foreign currencies, in hyperinflationary conditions the general price level within a specific economy increases rapidly as the functional or internal currency, as opposed to a foreign currency. It loses its real value very quickly, normally at an accelerating rate.[1] Hyperinflation[2] results from a rapid and continuing increase in the supply of money, which occurs when a government prints money or creates credits in bank accounts, instead of collecting taxes to fund government activities. The price increases that result from more government spending create a vicious circle, requiring ever growing amounts of money creation to fund government activities. Hence both monetary inflation and price inflation rapidly accelerate. Such rapidly increasing prices cause widespread unwillingness of the local population to hold the local currency as it rapidly loses its real value. Instead they quickly spend any money they receive, which rapidly increases the velocity of money flow, which in turn causes further acceleration in prices.[3] Hyperinflation is often associated with wars or their aftermath, political or social upheavals, or other crises that make it difficult for the government to tax the population. ]
rocketmail|Points 363|

User: infIf the Inflation Rate in 1996 was tripled and the House Price Index was only affected by inflation, what would the House Price Index Outside the Capital be starting in 1997?lation rate is 1.5 and 99 price

Weegy: In economics, hyperinflation occurs when a country experiences very high and usually accelerating inflation. [ [ While the real values of the specific economic items generally stay the same in terms of relatively stable foreign currencies, in hyperinflationary conditions the general price level within a specific economy increases rapidly as the functional or internal currency, as opposed to a foreign currency. It loses its real value very quickly, normally at an accelerating rate.[1] Hyperinflation[2] results from a rapid and continuing increase in the supply of money, which occurs when a government prints money or creates credits in bank accounts, instead of collecting taxes to fund government activities. The price increases that result from more government spending create a vicious circle, requiring ever growing amounts of money creation to fund government activities. Hence both monetary inflation and price inflation rapidly accelerate. Such rapidly increasing prices cause widespread unwillingness of the local population to hold the local currency as it rapidly loses its real value. Instead they quickly spend any money they receive, which rapidly increases the velocity of money flow, which in turn causes further acceleration in prices.[3] Hyperinflation is often associated with wars or their aftermath, political or social upheavals, or other crises that make it difficult for the government to tax the population. ] ]
Expert answered|haudenschield|Points 90|

Question
Asked 10/27/2012 7:42:26 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Home | Contact | Terms | Privacy | Social | ©2013 Purple Inc.
Ad
Popular Conversations
What continent is turkey?
Weegy: Turkey is in the continent of both EUROPE and ASIA.
4/24/2014 11:58:46 AM| 7 Answers
What is the line of symmetry for the graph of y = -3x2 + 12x - ...
Weegy: The graph of x^2 - 12y = 12x - 12 is the graph of a quadratic. User: Which of the following points lies on ...
4/24/2014 3:49:35 PM| 5 Answers
10q - 20 is equivalent to _____. 2(q - 10) 10(q - 20) 10(q - 2)
Weegy: 10q - 20 is equivalent to 10(q - 2). User: Evaluate 5x3 + 2 for x = -1. -7 -3 4 6 Weegy: 5(-1)^3 + 2 ...
4/24/2014 5:19:43 PM| 4 Answers
(m3n + 8)(m3n - 5)
Weegy: simplified the expression is: (m3n)^2+3m3n-40 User: (2x - 3y)(4x - y) User: [4 - (3c - 1)][6 - ( 3c - 1)] ...
4/24/2014 11:19:58 AM| 3 Answers
verb
Weegy: The Verb. Recognize a verb when you see one. Verbs are a necessary component of all sentences. Weegy On! User: ...
4/24/2014 12:48:07 AM| 2 Answers
EXPLAIN THE PATTERN OF DEVELOPMENT IN THE FIRST THREE YEARS OF LIFE ...
Weegy: From birth most babies are born with certain reflexes, some of these are known as survival reflexes. The sucking ...
4/24/2014 2:49:58 AM| 2 Answers
Religious men who lived apart from society
4/24/2014 8:17:14 AM| 2 Answers
Which of the following expressions has 3 terms? 8x + y - ...
Weegy: xyz User: Evaluate a2 + b for a = and b = -. - - 0 Weegy: 3-3 = 0 User: Which of the following ...
4/24/2014 2:54:30 PM| 2 Answers
_________ and ___________ tend to be frequently misinterpreted in ...
Weegy: C. Body language; criticism tend to be frequently misinterpereted in computer-mediated communication User: ...
4/24/2014 4:17:54 PM| 2 Answers
Weegy Stuff
S
L
P
C
L
P
C
Points 1982 [Total 7369]| Ratings 0| Comments 1982| Invitations 0|Offline
S
L
P
C
P
C
1
L
P
C
Points 1979 [Total 9860]| Ratings 0| Comments 1979| Invitations 0|Offline
S
1
L
C
L
Points 988 [Total 5791]| Ratings 5| Comments 938| Invitations 0|Online
S
1
L
1
L
P
Points 597 [Total 7274]| Ratings 2| Comments 577| Invitations 0|Offline
S
L
Points 485 [Total 2932]| Ratings 2| Comments 455| Invitations 1|Offline
S
L
1
1
1
Points 359 [Total 3625]| Ratings 8| Comments 279| Invitations 0|Offline
S
R
Points 267 [Total 379]| Ratings 6| Comments 187| Invitations 2|Offline
S
Points 236 [Total 236]| Ratings 6| Comments 156| Invitations 2|Offline
S
Points 170 [Total 586]| Ratings 0| Comments 170| Invitations 0|Offline
S
1
Points 165 [Total 495]| Ratings 4| Comments 125| Invitations 0|Offline