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.
25,024,851 questions answered
Popular Conversations
A credit report is a _____.
5/2/2016 7:02:18 AM| 2 Answers
Where did Pure Land Buddhism first become ...
5/2/2016 7:37:41 AM| 2 Answers
2 2/3-5/6
Weegy: 4 1/3 - 5/6 - 1/2 is equal to 3 User: A 5-story building is 51.1 feet tall. How many feet tall is each story
5/2/2016 8:20:33 AM| 2 Answers
Which of the following is a transitional word found in this ...
Weegy: what's your question? User: Which of these words from the paragraph is NOT a transitional word or ...
5/2/2016 8:20:41 AM| 2 Answers
Which of the following technologies was NOT created during World War ...
Weegy: B. antibiotics User: Which of the following terms could be applied to the United States during the Cold ...
5/2/2016 8:37:12 AM| 2 Answers
What is Luminol?
5/2/2016 8:57:15 AM| 2 Answers
Weegy Stuff
S
Points 177 [Total 177] Ratings 8 Comments 97 Invitations 0 Offline
S
Points 127 [Total 127] Ratings 2 Comments 97 Invitations 1 Offline
S
1
L
L
P
R
P
L
P
P
R
Points 100 [Total 12352] Ratings 1 Comments 90 Invitations 0 Online
S
Points 38 [Total 107] Ratings 0 Comments 38 Invitations 0 Offline
S
Points 11 [Total 156] Ratings 0 Comments 11 Invitations 0 Offline
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
L
P
Points 4 [Total 1169] Ratings 0 Comments 4 Invitations 0 Offline
S
R
Points 2 [Total 724] Ratings 0 Comments 2 Invitations 0 Offline
S
Points 1 [Total 48] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.