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.
20,158,970 questions answered
Popular Conversations
Perform the indicated operation. 3 + (-4) 1 -1 7 -7
Weegy: 3 + (-4) = 3 - 4 = -1 User: Evaluate BD for A = 5, B = -2, C = 4 and D = -6. -12 -8 8 12 Weegy: If A = 5, B ...
3/28/2015 4:37:41 AM| 8 Answers
Why do anabolic steroids differ from other illegal drugs? A. They ...
Weegy: Why do anabolic steroids differ from other illegal drugs? C. They are only dangerous for men. User: Which of ...
3/28/2015 6:04:09 PM| 3 Answers
Simplify 7 - (-4) + 3(-6). -7 7 -9 9
Weegy: 7 - (-4) + 3(-6) =11+ (3)(-6) =11-18 = - 7 User: Simplify (3/10)(-5/9). 1/6 -1/6 77/90 User: ...
3/28/2015 4:27:29 AM| 2 Answers
What is the solution of the equation? -10+sqrt x+8 =-4
Weegy: -10 + sqrt (x+8) = -4 sqrt (x+8) = -4 + 10 = 6 square both sides we get: x + 8 = 36 x = 36 - 8 = 28 When x = 28, ...
3/28/2015 7:49:35 PM| 2 Answers
Which level of classification contains all the ...
Weegy: Kingdom is the level of classification containing all the others. User: Which kingdom is made up of mostly, ...
3/28/2015 8:06:42 PM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 1270 [Total 9156]| Ratings 0| Comments 1270| Invitations 0|Offline
S
1
L
Points 622 [Total 1533]| Ratings 6| Comments 562| Invitations 0|Offline
S
P
C
L
P
L
1
P
Points 482 [Total 7789]| Ratings 8| Comments 402| Invitations 0|Offline
S
1
L
L
Points 450 [Total 7951]| Ratings 0| Comments 450| Invitations 0|Offline
S
Points 407 [Total 912]| Ratings 10| Comments 297| Invitations 1|Online
S
L
Points 353 [Total 1475]| Ratings 2| Comments 333| Invitations 0|Offline
S
Points 199 [Total 567]| Ratings 3| Comments 169| Invitations 0|Offline
S
Points 108 [Total 108]| Ratings 0| Comments 108| Invitations 0|Online
S
Points 42 [Total 158]| Ratings 4| Comments 2| Invitations 0|Offline
S
Points 35 [Total 126]| Ratings 0| Comments 35| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.