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Inflation and unemployment
By :
Alex Sam
As the economy is dynamic system, she(it) has capacity to escape severe shocks. Frequently she(it) grows too slowly to supply(ensure) the full-time job, and sometimes too fast to have low level of inflation. Actually it also is traditional interdependence in economy: or you have low inflation and high unemployment, or high level of inflation and low unemployment.
How we can understand, what takes place in economy?
By :
Alex Sam
The economists use special economic datas to trace, to forecast and to analyse variations in economy in general and in its separate branches. From different economic datas published by state and other establishments, the economists are interested theme, which one mirror current or future state of economy. These reports are called as economic parameters, because they image state of economy. They can help to the manager to administer the company in changed conditions.
Buying Power: The Prices and Inflation
By :
Alex Sam
The inflation is a common rise in price for the goods and services, when the demand exceeds the offer. Small percent of interest of inflation is a natural consequence of economic growth. However inflation testifies to decrease or reduction of a buying power of the national currency. If the costume costing 3.000 roubles in past year, this year costs(stands) 6.000 roubles, cost of currency drops. During inflation of the price grow much faster, than salary, so that consumer capacity of the consumers is reduced. The high inflation is considered as the bad phenomenon, as she(it) bates the national currency and can call confusion in economy.
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