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History of inflation

Posted by: admin 2 months, 4 weeks ago

Historical examples of inflation can be traced back to various periods and regions, including notable cases from the Roman Empire to more modern times. Here's an overview of significant inflationary periods since the Roman century:

What is the measurement of inflation

Posted by: admin 2 months, 4 weeks ago

Inflation is typically measured using price indices that track the changes in the price level of a basket of goods and services over time. There are several common methods and indices used to measure inflation, each tailored to different aspects of the economy. Below are the primary methods used for measuring inflation:

### 1. **Consumer Price Index (CPI)**
- **Definition**: The CPI measures the average change over time in the prices paid by consumers for a basket of goods and services.
- **How It Works**: National statistical agencies (like the U.S. Bureau of Labor Statistics) select a representative "basket" of goods and services that reflects what consumers typically purchase, such as food, housing, transportation, and healthcare.
- **Usage**: CPI is one of the most commonly used indicators of inflation, providing a good reflection of how inflation affects households. It’s also used to adjust wages, pensions, and government benefits to maintain purchasing power.

Writing or not writing

Posted by: admin 3 months ago

why eventhough the r is denominator in LM formula, the slope of LM still goes upward

Posted by: admin 3 months, 1 week ago

Alright! Let me simplify this for you. We’re talking about the **LM curve**, which shows the relationship between **interest rates (r)** and **income (Y)**. Now, you’re asking why this curve **slopes upward**, even though **r** is in the denominator in the formula.

Who won the debate last night between Harris and Trump

Posted by: admin 3 months, 1 week ago

In the September 10, 2024, presidential debate between Kamala Harris and Donald Trump, early analyses suggest that Kamala Harris was seen as the winner by several experts and media outlets. According to a flash poll and expert opinions, Harris performed slightly better, earning higher marks for her responses on issues like the economy, healthcare, and foreign policy. While both candidates were criticized for avoiding certain questions and sharing biased data, Harris received a C grade, compared to Trump's C- in some analyses【38†source】.

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