You have new items in your feed. Click to view.
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. ]
Get an answer
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.
0 questions answered
Popular Conversations
x 3(x 2 + 5x + 1) User: Simplify 8 + 3{x - 2[x + 5(x + 3)]}. User: ...
Weegy: -7(8 + k) (-7)(8) + (-7)(k) = -56 - 7k User: Find the product. -7(8 + k) Weegy: -7(8 + k) (-7)(8) + ...
8/29/2016 8:46:50 AM| 2 Answers
Communication is considered ethical if it ...
8/29/2016 10:21:58 AM| 2 Answers
-4+-4+-4 User: Integers contain the whole numbers. True False
Weegy: True, Integers contain the whole numbers. User: 5*-4= User: 5(-4)= User: Simplify (3/10)(-5/9). Weegy: ...
8/29/2016 11:05:23 AM| 2 Answers
Convert the fraction to higher terms. Enter the value of the missing ...
Weegy: Convert the fraction to higher terms.the value of the missing numerator. 1/4 = 7/28 User: 110.2 square yards ...
8/29/2016 9:11:35 PM| 2 Answers
Which of the following events occurred after the start of the ...
Weegy: After the start of the Revolutionary War, stamp act was repealed. User: Define popular ...
8/29/2016 6:26:19 AM| 1 Answers
Weegy Stuff
S
Points 782 [Total 853] Ratings 5 Comments 732 Invitations 0 Offline
S
L
P
P
P
P
Points 660 [Total 3915] Ratings 0 Comments 660 Invitations 0 Offline
S
1
L
Points 657 [Total 1491] Ratings 3 Comments 627 Invitations 0 Offline
S
Points 151 [Total 151] Ratings 0 Comments 151 Invitations 0 Offline
S
Points 58 [Total 285] Ratings 0 Comments 58 Invitations 0 Offline
S
L
P
P
P
Points 46 [Total 3862] Ratings 0 Comments 46 Invitations 0 Offline
S
Points 40 [Total 45] Ratings 0 Comments 0 Invitations 4 Offline
S
Points 15 [Total 15] Ratings 0 Comments 5 Invitations 1 Offline
S
L
C
Points 11 [Total 4491] Ratings 1 Comments 1 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.