hyper-inflation
hyper-inflation This refers to annual rates of increase in the general price level that are above some arbitrarily defined high threshold, thought to imply a loss of monetary control over the economy. It usually requires drastic policy measures, such as currency substitution and a severe curbing of budget deficits, with high social and political costs. The phenomenon is particularly associated with parts of the Third World such as Brazil and Mexico. See also INFLATION.
More From encyclopedia.com
Stagflation , Inflation and unemployment are two powerful forces that are considered to be important signs of whether or not an economy is healthy. They usually ha… Prices , Prices
For the general considerations underlying the determination of individual prices, seeDemand and supplyandUtility. The first article presented… Inflation , Inflation is a sustained increase in the average level of prices across the economy. It causes money to lose value over time.
The value of a dollar (… Consumer Price Index , The Consumer Price Index (CPI), one of the most important economic indicators in the United States, measures the change in prices that consumers pay… Aggregate Supply , Aggregate supply, along with its complementary concept, aggregate demand, is a term used in macroeconomics (the study of the economy as a whole, as o… Cost Of Living , COST OF LIVING. The cost of living is the monetary cost of maintaining a particular standard of living; its fluctuations are closely tied to rates of…
You Might Also Like
NEARBY TERMS
hyper-inflation