See below for the correct answer. In physical cosmology, cosmic inflation, cosmological inflation, or just inflation, is a theory of exponential expansion of space in the early universe.The inflationary epoch lasted from 10 −36 seconds after the conjectured Big Bang singularity to some time between 10 −33 and 10 −32 seconds after the singularity. which of the following statements best describes the characteristics of a hypothesis one of the steps of the scientific method? Demand-pull inflation can also cause hyperinflation. Different Types of Inflation . Refer to the following figure when answering the next five questions: -Referring to the figure,we can observe that: A) inflation seemed to stabilize in the early years, 1996-1999, but it then spiked between 2002 and 2004.B) inflation was always under control in every year shown. ii) Inflation rate . b. It's one of the key measures of financial wellbeing because it affects what consumers can buy for their money. A. Which of the following best describes inflation Select one of the options below as your answer:A. Which of the following best defines the exchange rate? D. a decrease in the production of goods and services. A.A method of figuring out the inflation rate. B.An organized plan for spending money C.A way to keep people from really enjoying life. Inflation is the rate at which the prices for goods and services increase. The rapid increase in the price of a specific good, such as gasoline. There is an increase in purchasing power. Inflation reduces the purchasing power of each unit of currency, which leads to increases in the prices of goods and services over time. C. a sudden increase in the value of money. Soaring prices cause people to hoard, creating a rapid rise in demand chasing too few goods. WRONG METHODS CORRECT METHOD . Answer Save. A decrease in the demand of substitutes in production. help please:) Which one of the following statement best describes what a budget is ? When inflation is present, there is a real cost to holding cash (or holding assets in non-interest bearing deposit accounts), since the cash won't buy as much tomorrow as it could today. B. Okun's law measures the tradeoff between the rate of inflation and the rate of unemployment. |Score .9615|Jay901|Points 8306| User: Which one of the following best defines disposable income Weegy: The following best defines disposable income: income received by households less personal taxes. B) The government should worry less about inflation and more about unemployment. Cost-push inflation. It's an economics term that means you have to spend more to fill your gas tank, buy a gallon of milk, or get a haircut. There is a good argument that this is the best measure of velocity of money because you want to look for an increase in the cash people are looking to hold. The rate at which one currency can be exchanged for another. 14 Cost of reducing inflation. A) The inflation rate is too high. A. Okun's law shows the relationship between the unemployment rate and the size of the negative GDP gap. Define Inflation: A simple way to define inflation is “an increase in the price you pay for goods” but that only tells part of the story… It could also be seen as a “decline in the purchasing power of your money”. In lay terms, it means $1 won’t get you as much now as it did a decade ago. Relevance. 9 years ago. Marginal principle. Which of the following best describes what the consumer price index is used to indicate? Inflation can arise from internal and external events; Some inflationary pressures direct from the domestic economy, for example the decisions of utility businesses providing electricity or gas or water on their tariffs for the year ahead, or the pricing strategies of the food retailers based on the strength of demand and competitive pressure in their markets. A. an unusually steep and sudden rise in prices . 6. Therefore, citizens have an incentive to keep as little cash on hand as possible, which means that they have to go to the ATM or otherwise transfer money on a very frequent basis. There is a surplus of products on the market.D. User: Which one of the following statements about demand-pull inflation is correct Weegy: Demand-pull inflation occurs when aggregate demand within the economy increases. In economics, inflation is a general increase in prices and a decrease in the purchasing power of money. Among the following which statement best defines the cost push inflation? B. a gradual increase in prices . I. a structure as an interest-only loan II. 7. Unanticipated inflation reduces the validity of the information on market prices for economic agents. These types of inflation are differentiated from each other by the cause that drives the price increase. 'S briefly go over cost-push inflation and more about unemployment shows the relationship between the inflation in... 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