Question and answer
5. Summarize current and projected trends in the economy with regard to GDP growth, unemployment, and inflation. How should you use this information to make personal financial and career planning
decisions?
CPI or Consumer Price Index A rise in the CPI indicates inflation. The CPI or the consumer price index is used as an index for salaries, wages, contracted prices, pensions. This is done to adjust with the inflation effects. [ It is an important economic indicator. GDP or Gross Domestic Product The gross domestic product is another important economic indicator and is usually
inflation adjusted. This is an important tool for measuring the rate of inflation. The important segments, which are hampered include: Investment Interest rates Exchange rates Unemployment Stocks Various monetary policies Various fiscal policies The effect of inflation and economic growth is manifested in the following cases: I) Investment: If the price of goods increases and people have to compensate for the increase in price, they usually make use of their savings. In the event when savings are depleted, fund for investment is no longer available. An individual tends to invest, only if savings of an individual is strong and has sufficient money to meet his daily needs. ]
Expert answered|selymi|Points 10927|
Question
Asked 7/20/2013 7:06:55 AM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
21,776,944 questions answered
Popular Conversations
The sequence 2, 2, 2, 2, ... is a) arithmetic sequence b) geometric ...
Weegy: A sequence such as 1, 5, 9, 13, 17 or 12, 7, 2, ?3, ?8, ?13, ?18 which has a constant difference between terms. ...
8/3/2015 12:03:10 PM| 8 Answers
The purpose of accounting is to provide financial information about a ...
Weegy: what is your question?
8/3/2015 11:51:29 AM| 4 Answers
Susan bought a new computer. She purchased a .
Weegy: What is your question for weegy? User: what is a consumer User: what is service Weegy: what kind of service ...
8/3/2015 9:59:24 AM| 3 Answers
The best time to exercise is A. in the morning. B. in the ...
Weegy: How may I help you?
8/3/2015 10:28:42 AM| 3 Answers
What is equilibrium?
8/3/2015 5:48:13 PM| 3 Answers
Females don't digest alcohol as quickly as males, so they are ...
Weegy: Females don't digest alcohol as quickly as males, so they are affected more easily than males. TRUE
8/3/2015 11:11:37 PM| 3 Answers
hi
Weegy: Hello, did you have a question? User: describe the concept of personal, interpersonal, and political ...
8/3/2015 4:38:41 AM| 2 Answers
Weegy Stuff
S
P
C
L
P
L
1
P
P
1
P
1
P
L
P
R
Points 182 [Total 10535]| Ratings 0| Comments 182| Invitations 0|Online
S
Points 131 [Total 446]| Ratings 0| Comments 131| Invitations 0|Offline
S
Points 105 [Total 106]| Ratings 1| Comments 95| Invitations 0|Offline
S
Points 102 [Total 328]| Ratings 0| Comments 102| Invitations 0|Offline
S
L
L
P
1
Points 55 [Total 8628]| Ratings 0| Comments 55| Invitations 0|Offline
S
1
L
L
Points 42 [Total 8510]| Ratings 0| Comments 42| Invitations 0|Offline
S
Points 18 [Total 18]| Ratings 0| Comments 18| Invitations 0|Offline
S
Points 8 [Total 85]| Ratings 0| Comments 8| Invitations 0|Offline
S
Points 6 [Total 6]| Ratings 0| Comments 6| Invitations 0|Offline
S
Points 3 [Total 3]| Ratings 0| Comments 3| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.