Warning: Use of undefined constant referer - assumed 'referer' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 102

Warning: Use of undefined constant host - assumed 'host' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 105

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 106

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 109
The Effects Of Inflation - Online Term Paper

The Effects Of Inflation


" A pair of inflation indicators released Friday showed that inflation is on the rise", is the article that I chose to review. I found the article on the Wall Street Journal's web page. In it there are different links to current business articles, stock market updates, and current issues in the nation's economy. The article that I found basically dealt with the rise of inflation; this article was published on November 5, 1999.
The article talks about how the Economic Cycle Research Institute's future inflation is increasing at it's highest level in the past four years due to a rise in material costs and a tight labor market. It rose up to 115.5 in October- an upwardly revised 113. 3 in ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

Inflation is clearly measured by the price index such as those numbers stated above. Price Index clearly measures the general level of prices in any year relative to prices in a base period. There are different types of inflation one is Demand Pull Inflation; meaning "changes in the price level are attributed to an excess of total spending beyond the economy's capacity to produce. Because resources are fully employed, the business sector cannot respond to this excess demand by expanding output, so the excess demand bids up the prices of the limited real output, causing demand pull inflation." This more or less is called "too much spending chasing too few goods." Demand-pull inflation will continue as long as there is excess total spending versus a Cost-push inflation, which automatically is self-limiting; it will die out by itself. Increased per-unit costs will lead to reduce supply, which means decreased real output and employment. These decreases will constrain further ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.


Already a member? Login


CITE THIS PAGE:

The Effects Of Inflation. (2008, July 20). Retrieved March 29, 2024, from http://www.essayworld.com/essays/The-Effects-Of-Inflation/87036
"The Effects Of Inflation." Essayworld.com. Essayworld.com, 20 Jul. 2008. Web. 29 Mar. 2024. <http://www.essayworld.com/essays/The-Effects-Of-Inflation/87036>
"The Effects Of Inflation." Essayworld.com. July 20, 2008. Accessed March 29, 2024. http://www.essayworld.com/essays/The-Effects-Of-Inflation/87036.
"The Effects Of Inflation." Essayworld.com. July 20, 2008. Accessed March 29, 2024. http://www.essayworld.com/essays/The-Effects-Of-Inflation/87036.
JOIN NOW
Join today and get instant access to this and 50,000+ other essays


PAPER DETAILS
Added: 7/20/2008 02:50:07 AM
Category: Economics
Type: Premium Paper
Words: 707
Pages: 3

Save | Report

SHARE THIS PAPER

SAVED ESSAYS
Save and find your favorite essays easier

SIMILAR ESSAYS
» The Effects Of Post-industriali...
» Economics: The American Governm...
» Looking Ahead: The Future Of Po...
» The Discovery Of The New World ...
» Causes Of The Panic Of 1907
» The Sources Of Public Policy
» The History Of The American Bot...
» The History of the American Bot...
» The Financial Effects Of Moneta...
» Creditcards
Copyright | Cancel | Contact Us

Copyright © 2024 Essayworld. All rights reserved