please give me the explanation of inflation rise
3 Answers from Attorneys
Posted in the wrong Forum. Not a legal but economics subject.
The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling.
As inflation rises, every dollar will buy a smaller percentage of a good. For example, if the inflation rate is 2%, then a $1 pack of gum will cost $1.02 in a year.
Most countries' central banks will try to sustain an inflation rate of 2-3%.
Refer the newspaper!!!
Related Questions & Answers
Joint operation can a joint operation between two countries be a legal entity in any... Asked 5/06/08, 6:34 am in India International Law
Reply urgent company want jurisdiction should be finland, if any dispute arise any... Asked 4/16/08, 12:27 am in India International Law
Reply x company had office in finland but his sub. branch office in india. x company... Asked 4/15/08, 9:57 am in India International Law
Reg-Jv One of our client from netherland willing to sign JV 100 % buy back of our... Asked 2/20/08, 12:58 pm in India International Law
Private contracts Who are Private contracters and what are their liability? Asked 12/27/07, 11:27 am in India International Law