2006-06-08 08:28:03 · 7 answers · asked by pocholo 1 in Social Science ➔ Economics
i dont no!!! soz!!! lol
2006-06-08 08:32:20 · answer #1 · answered by lucie1739 1 · 0⤊ 0⤋
The national rate of inflation is an evaluation (evaluation his always non-perfect) of a basket of goods each year. And each year they compare this basket of goods. If the basket raise his price by 2% (exemple), we said that the national rate of inflation raise of 2%. The basket his always unperect but it's the best way to calculate the inlfation. We said "National" because the evaluation's made inside some borders. For the USA, the national rate's made inside the borders of USA.
2006-06-08 21:41:54 · answer #2 · answered by verredebiere 2 · 0⤊ 0⤋
Which inflation? It depends on who "feels" it.
CPI - is consumer price index and measures how much a basket of goods costs today versus last year.
PPI is the same idea but for producers. There are a number of other measures. The basic idea is that you look at the institution in question, as well as the region in question. For instance, in a hot real estate market, there will be inflation (fortunately, wealth also increases simultaneously for landowners - whether its real or nominal wealth, though, that's another question), although landowners will not feel it nearly as much as lessees.
2006-06-09 10:49:45 · answer #3 · answered by Veritatum17 6 · 0⤊ 0⤋
Inflation is constantly increasing because America is a capatalistic country, and capatalism is an evil that only wants your money.
2006-06-08 15:45:27 · answer #4 · answered by Ludwig Wittgenstein 5 · 0⤊ 0⤋
Ben Burnanke - the new Federal Reserve Chairman
2006-06-13 03:49:58 · answer #5 · answered by Norman 7 · 0⤊ 0⤋
actual inflation changes every year but what i think your looking for is the cost of living increase which last i heard was like 1.4 percent.
2006-06-08 15:32:23 · answer #6 · answered by Fruheaded 3 · 0⤊ 0⤋
IT IS HOW LONG YOUR POOP WAS TODAY!<@;O)
2006-06-08 15:32:35 · answer #7 · answered by joe b 1 · 0⤊ 0⤋