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.
17,968,064 questions answered
Popular Conversations
How is the infinitive phrase used in the sentence? Morning is the ...
Weegy: To go to college is my greatest ambition. The infinitive phrase "to go to college" is used as noun as subject. ...
10/24/2014 11:04:05 AM| 5 Answers
Brandon's huge collection of paper cranes come from his origami ...
Weegy: The correct sentence is: Brandon's huge collection of paper cranes comes from his origami hobby. User: ...
10/24/2014 7:48:30 AM| 3 Answers
Solve for x. -5x + 12x - 8x = -24
Weegy: Add -5, 12, and -8 to get -1. So -1x=-24. Thus x=24 User: Choose the answer based on the most efficient ...
10/23/2014 12:33:39 AM| 2 Answers
Who was the poet who wrote The Faerie Queene? A. Francis ...
Weegy: Edmund Spenser was the poet who wrote The Faerie Queene.
10/23/2014 1:19:01 AM| 2 Answers
Emily Dickinson's poem "Success" is ironic because the idea of losers ...
Weegy: True User: Poems compact meaning and make unexpected associations. True False
10/23/2014 6:26:33 AM| 2 Answers
What percent of 115 is 29.9
Weegy: What percent of 115 is 29.9? is 26% User: What percent of 22 is 44 Weegy: The 44% of 175 is: Convert 44% in ...
10/23/2014 7:20:21 AM| 2 Answers
What is the solution set of (x - 2)(x - 3) = 2?
Weegy: 2(x - 2) > 3(x - 2); 2x - 4 > 3x - 6; 2x - 3x > -6 + 4; -x > -2; x User: What is the solution set of (3x - ...
10/23/2014 7:32:32 AM| 2 Answers
Which of the following expressions is equal to 5 - 2m? 7 - 2(m + ...
Weegy: 5 - 2m is equal to 7 - 2(m + 1) User: Simplify 6(x + 2) + 7. User: Simplify 3x + 3 + 2. User: How ...
10/23/2014 7:54:53 AM| 2 Answers
Multiply the following fractions. Reduce your answer to lowest terms. ...
Weegy: 12/35 User: multiply and reduce 1 7/10 x 3/4 Weegy: 5/12
10/23/2014 8:49:48 AM| 2 Answers
Weegy Stuff
S
L
1
1
1
1
L
1
L
Points 2599 [Total 14974]| Ratings 0| Comments 2599| Invitations 0|Offline
S
L
1
L
P
C
1
P
C
1
L
Points 1628 [Total 11109]| Ratings 4| Comments 1588| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 896 [Total 13125]| Ratings 0| Comments 896| Invitations 0|Offline
S
L
Points 605 [Total 2004]| Ratings 0| Comments 605| Invitations 0|Offline
S
1
L
L
Points 505 [Total 6299]| Ratings 3| Comments 475| Invitations 0|Offline
S
Points 482 [Total 482]| Ratings 0| Comments 452| Invitations 3|Offline
S
Points 454 [Total 455]| Ratings 6| Comments 394| Invitations 0|Offline
S
Points 277 [Total 277]| Ratings 1| Comments 267| Invitations 0|Offline
S
P
C
L
P
L
1
Points 48 [Total 6282]| Ratings 0| Comments 48| Invitations 0|Offline
S
L
Points 34 [Total 3572]| Ratings 2| Comments 14| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.