HOW DOES INFLATION AFFECT CONSUMERS PART XIV

WALKING INFLATION IS WHEN PRICES GO UP 3-10% ANNUALLY. ANY PERCENTAGE BETWEEN THE GIVEN NUMBERS COULD DO AS LONG AS IT FORCES PEOPLE TO START STOCK SAVING IN THE ANTICIPATION OF FURTHER INCREASE IN PRICES. THIS LEADS TO A HIGH DEMAND IN STOCK BUT A SHORTAGE IN SUPPLY WHICH INCREASES THE PRICE FURTHER FOR MORE PROFIT.  GALLOPING INFLATION IS WHEN PRICES INCREASE...

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HOW DOES INFLATION AFFECT CONSUMERS PART XIII

REAL LIFE USES AND APPLICATIONS REGRESSION ANALYSIS HAS VERY HIGH IMPORTANCE IN VARIOUS DISCIPLINES SUCH AS BUSINESS, ECONOMIC, ENGINEERING AND BIOLOGICAL SCIENCES FOR PREDICTED VARIOUS OUTCOMES AS A RESULT OF VARIOUS OF BUSINESS THERE ARE TWO PRIMARY USES FOR REGRESSION WHICH ARE STATED BELOW, PREDICTED THE FUTURE TO PREDICT A CERTAIN EVENT THAT IS YET TO OCCUR FOR EXAMPLE...

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HOW DOES INFLATION AFFECT CONSUMERS PART XII

ADDING EXTRA VARIABLES THAT HAS NEGLIGIBLE AFFECT OR NO EFFECTS WILL MAKE YOUR ANALYSIS COMPLICATED AND TOO MUCH WORK SO TIS KEPT SIMPLE. STEP 2   PAST DATA COLLECTIONS ONCE YOU HAVE YOUR VARIABLES SET AND DETERMINED THE NEXT IMPORTANT STEP IN THE PROCESS IS THE COLLECTION OF THE PAST DATA. THE DATA THAT SHOULD BE GATHERED MUST BE WITH RESPECT TO THE VARIABLES THAT...

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HOW DOES INFLATION AFFECT CONSUMERS PART XI

STEP 3 SELECTING OF THE DEMAND FUNCTION AFTER SETTING THE VARIABLES AND THE COLLECTION OF PAST DATA, THE NEXT STEP BEFORE FINALLY COMPILING EVERYTHING IS TO DETERMINE THE COMPLETE DEMAND FUNCTION. WHICH IS THE DEPENDENT OR THE VARIABLE THAT IS TO BE PREDICTED. THE FACTORS THAT EFFECT THIS ARE THE VARIABLES THAT WERE DEFINED IN THE FIRST STEP. THE DEMAND FUNCTION...

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HOW DOES INFLATION AFFECT CONSUMERS PART X

WHICH IS SLIGHTLY ADVANCED IN TERMS OF CALCULATIONS AND DATA COLLECTIONS BUT IS CONSIDERED TO BE THE MOST ACCURATE FOR PREDICTIONS. ALL THE ESTIMATIONS ARE BASED ON THE PAST DATA AVAILABLE AND THE FACTORS THAT ARE INFLUENCING IT DIRECTLY OR INDIRECTLY. STEPS FOR REGRESSION ANALYSIS NOW LET’S GO OVER THE STEPS THAT ARE INVOLVED IN REGRESSION ANALYSIS METHOD ONE BY ONE. STEP...

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HOW DOES INFLATION AFFECT CONSUMERS PART IX

THERE ARE TWO TYPES OF CURVES THAT DEFINES THE AGGREGATE SUPPLY SHORT-RUN AGGREGATE SUPPLY (SRAS) FOR ONE ORGANIZATION TO INCREASE ITS PRODUCTIVITY WITHOUT HAVING TO DO IT ALL FROM THE START, AND SECOND IS LONG-RUN AGGREGATE (LRAS) THAT IS USED FOR INVESTING IN SOMETHING NEW AND SETTING UP THE STRUCTURE. THE SRAS CURVE IS POSITIVELY SLOPED AND DEFINES THE ONE-TO-ONE...

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HOW DOES INFLATION AFFECT CONSUMERS PART VIII

ABSTRACT WE WILL START THIS ARTICLE BY DEVELOPING A CLEAR UNDERSTANDING OF THE TERMS AGGREGATE SUPPLY AND EMPLOYMENT STARTING OFF WITH AGGREGATE SUPPLY TO UNDERSTAND ITS TERMINOLOGIES AND THE FACTORS THAT ARE RESPONSE INCLINE OR DECLINE, ALONG WITH AGGREGATE SUPPLY CURVE AND UNDERSTANDING IT, THEN COMING THE TERM “EMPLOYEES” AND WHO ARE THEY BEFORE CONCLUDING EVERYTHING WE...

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HOW DOES INFLATION AFFECT CONSUMERS PART VII

REMEMBER THAT FREQUENCY OF THE DATA COLLECTED CAN BE OF VARIOUS PERIODS SUCH AS FOR A MONTH, HALF A YEAR OR A YEAR OR SO, BUT THE REGULARITY OF THE FREQUENCY IS IMPORTANT AND IT SHOULD BE MAINTAINED, FOR EXAMPLE IF THE DATA COLLECTED IS FOR EVERY OTHER YEAR OR SO IT IS BEST TO KEEP ON COLLECTING THE DATA YEAR WISE AND NOT TO SHIP ANY YEAR. STEP 3 SELECTION OF THE DEMAND FUNCTION...

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HOW DOES INFLATION AFFECT CONSUMERS PART VI

STEP 3 SELECTING OF THE DEMAND FUNCTION AFTER SETTING THE VARIABLES AND THE COLLECTION OF PAST DATA, THE NEXT STEP BEFORE FINALLY COMPILING EVERYTHING IS TO DETERMINE THE COMPLETE DEMAND FUNCTION. WHICH IS THE DEPENDENT OR THE VARIABLE THAT IS TO BE PREDICTED. THE FACTORS THAT EFFECT THIS ARE THE VARIABLES THAT WERE DEFINED IN THE FIRST STEP. THE DEMAND FUNCTION CAN BE OF...

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HOW DOES INFLATION AFFECT CONSUMERS PART V

REGRESSION ANALYSIS TERMINOLOGY STARTING WITH THE TERM REGRESSION ANALYSIS, IT IS A STATISTICAL PROCESS USED FOR FINDING OUT OR ESTIMATING THE RELATIONSHIP BETWEEN ONE OR MORE INDEPENDENT/PREDICTOR VARIABLES AND THE DEPENDENT/RESPONSE VARIABLE. INDEPENDENT/PREDICTOR VARIABLE THAT WE ARE TRYING TO PREDICT WHERE AS DEPENDENT/RESPONSE IS THE ONE THAT IS EFFECTING OR INDIRECTLY....

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HOW DOES INFLATION AFFECT CONSUMERS PART IV

HOWEVER, THE LAST TIME IT OCCURRED WAS IN 2007. WALKING INFLATION IS WHEN PRICES GO UP 3-10% ANNUALLY. ANY PERCENTAGE BETWEEN THE GIVEN NUMBERS COULD DO AS LONG AS IT FORCES PEOPLE TO START STOCK SAVING IN THE ANTICIPATION OF FURTHER INCREASE IN PRICES. THIS LEADS TO A HIGH DEMAND IN STOCK BUT A SHORTAGE IN SUPPLY WHICH INCREASES THE PRICE FURTHER FOR MORE PROFIT. GALLOPING...

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HOW DOES INFLATION AFFECT CONSUMERS PART III

THAT SOMEONE CAN BE BANK OFFERING LOANS OR AN INDIVIDUAL OFFERING DEBTS ON INTEREST. THE AMOUNT OF MONEY BORROWED FROM SOMEONE IS DEBT. INFLATION AFFECTS BOTH THE DEBTOR AND THE CREDITOR DURING THE PERIOD OF PRICE INFLATION, THE CREDITOR IS AFFECTED THE MOST. SINCE THE PRICES INCREASES, THE VALUE OF THE AMOUNT GIVEN BY THE CREDITOR TO THE DEBTOR WILL DECREASE. THIS HELPS...

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HOW DOES INFLATION AFFECT CONSUMERS PART II

DEMANDING INFLATION IS CASED WHEN THE INCREASED DEMAND FOR A CERTAIN GOOD IS NOT IMMEDIATELY MET. THERE CANNOT BE A RISE IN SUPPLY TO MEET THE RISE OF DEMAND RESULTING IN THE EQUILIBRIUM TO BREATH. A GOOD EXAMPLE FOR THIS IS THE DEMAND FOR WHERE-BASED GOODS THAT ARE USUALLY THE BASIC NEED OF A CONSUMER. WHEN THE DEMAND OF WHERE BASED GOODS INCREASE, THE SUPPLIER OR PRODUCER...

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HOW DOES INFLATION AFFECT CONSUMERS

HOW DOES INFLATION AFFECT CONSUMERS? WHEN THE PRICES OF CONSUMERS GOOD IN THE MARKET INCREASE, IT IS THAT POINT IN A CONSUMER’S LIFE WHEN THEY REALIZE THAT INFLATION HAS HIT THE ECONOMY. THIS POINT MAKES THEM THINK PHILOSOPHICALLY THAT WITH THE RISE IN PRICES OF GOODS, THERE SHOULD BE AN EQUAL RISE IN THEIR SALARIES, WAGES OR INCOME, TO BALANCE OUT THE EQUATION. WELL TO THINK...

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