“inflation”一词,最初被用于经济学时,是“used in relation to inflated money or prices in 1838”[1]274。这时,在经济学中,将货币量看作为气体(gas or air),而将价格看作为某物体,“inflation”则表示,在流通中充入大量货币而导致价格膨胀。 “inflation”一词在经济学中的常态化,可追溯到第一次世界大战...
Inflation is a term used in economics to describe thegeneral increase in prices of goods and services over a period of time. This means that your money, over time, buys you less and less. Here's a breakdown of the key points about inflation: How it works: Let's say a loaf of bread...
In the relevant economic Literature, English word Inflation is often translated into Chinese characters “tong-huo-peng-zhang" which means the expansion of the currency. Although it sounds certain rational, it's not accurate because nowadays the meaning of it has already shifted and got rid of ...
My economics teacher told me that inflation is bad. But from my understanding, inflation means that more money is being injected into the economy. So why is inflation bad? What are the tradeoffs between inflation and output in the short and long run?
which means that they have to go to the ATM or otherwise transfer money on a very frequent basis. The termshoe leather costsrefer to the figurative cost of replacing shoes more often due to the increase in the number of trips to the bank, but shoe leather costs are a very real phenomeno...
To understand why, it is important to step back and consider the basics of inflation. If you took economics in school, you likely learned that the basic cause of inflation is too much money in circulation and not enough to buy with it. If the supply of money grows too much relative to...
It means an increase in the price of goods and services.这意味着商品和服务价格的上涨。This means that inflation reduces the purchasing power of money that is saved or earned from work.这意味着通货膨胀降低了储蓄或通过工作赚取的金钱的购买力。Inflation's meaning of enlargement of prices was first...
Historically, the general economy has usually fluctuated in such a way as to exhibit inflation, a loss in the purchasing power of money over time. Inflation means that the cost of an item tends to increase over time, or to put it another way, the same dollar amount buys less of an item...
aEconomics inflation is really a serious problem. That's why people often complain. Our earnings is not enough to need our living. 经济通货膨胀真正地是一个严重的问题。 所以人们经常抱怨。 我们的收入不是需要我们的生活的足够。[translate]
Define "economics" and "economy" while being clear to differentiate between the two. Explain what it means by the term "economies of scale." Define Economic Growth. What is the definition of multiplier (m) in macroeconomics? What is stagflation? Describe the ways an economy can grow ...