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.
17,600,458 questions answered
Popular Conversations
A list of potential sources of information for a paper is a(n) ...
Weegy: A list of potential sources of information for a paper in annotated bibliography. User: An index to ...
9/29/2014 2:50:04 PM| 4 Answers
You've settled on an idea for an essay to write. What should you do ...
Weegy: D.) Conduct interviews, do some research, ask questions, and make a plan. User: To make sure your reader ...
9/29/2014 5:55:28 PM| 4 Answers
What is the square root of 6000?
9/29/2014 2:39:45 PM| 3 Answers
Because the subject of a composition is like a crystal with many ...
Weegy: Because the subject of a composition is like a crystal with many facets, you should A. offer your reader ideas ...
9/29/2014 7:06:34 PM| 3 Answers
The densest ocean water is generally found a. in the surface ...
Weegy: A. in the surface zone User: In which zone is ocean temperature most affected by the weather? a. transition ...
9/30/2014 6:07:25 AM| 3 Answers
The pressure of ocean water increases as depth increases. User: The ...
Weegy: It originates in the Gulf of Mexico and, as the Florida Current, passes through the Straits of Florida and then ...
9/30/2014 6:27:02 AM| 3 Answers
In the Roman Republic, ____________ did not have power in the ...
Weegy: In the Roman Republic,non-citizens did not have power in the government.
9/29/2014 5:48:03 AM| 2 Answers
Weegy Stuff
S
R
L
1
1
P
C
1
P
1
1
L
P
C
P
C
1
P
C
L
P
C
1
P
C
P
C
P
C
L
Points 3316 [Total 27714]| Ratings 8| Comments 3236| Invitations 0|Offline
S
L
1
L
P
C
1
Points 2951 [Total 9482]| Ratings 12| Comments 2831| Invitations 0|Offline
S
L
C
P
C
1
L
L
P
C
1
Points 2732 [Total 18671]| Ratings 18| Comments 2552| Invitations 0|Offline
S
L
P
C
L
P
C
P
C
L
P
C
P
C
P
C
Points 2729 [Total 19901]| Ratings 12| Comments 2609| Invitations 0|Online
S
L
1
1
1
1
L
1
L
Points 2578 [Total 12358]| Ratings 0| Comments 2578| Invitations 0|Offline
S
1
L
1
L
P
P
L
Points 954 [Total 12200]| Ratings 0| Comments 954| Invitations 0|Online
S
L
P
C
P
C
1
L
P
C
L
P
C
P
C
P
C
P
C
Points 864 [Total 19395]| Ratings 2| Comments 844| Invitations 0|Offline
S
L
Points 733 [Total 1402]| Ratings 0| Comments 733| Invitations 0|Offline
S
1
L
L
Points 634 [Total 5757]| Ratings 4| Comments 594| Invitations 0|Online
S
P
C
L
P
L
1
Points 176 [Total 6233]| Ratings 2| Comments 156| Invitations 0|Online
Home | Contact | Blog | About | Terms | Privacy | Social | ©2014 Purple Inc.