M7D1: Do We Know the Inflation Rate? Is it Bad?

 
View the following video on inflation: 

Tracking inflation: How fast are prices rising? (Links to an external site.)Links to an external site. (2011). [Video file, 8:42 minutes]. Retrieved from https://vlib.excelsior.edu/loginurl=http://fod.infobase.com/PortalPlaylists.aspx?wID=103647&xtid=53392

Don't use plagiarized sources. Get Your Custom Essay on
M7D1: Do We Know the Inflation Rate? Is it Bad?
For as little as $15/Page
Order Essay

This discussion will address the following Module Outcomes:

MO1: Determine the potential effects of inflation when evaluating an engineering project or system. (CO6)

The equation of exchange, MV≡PQ, seems to readily explain inflation. Based on the readings and video, please respond to the following:

Why is inflation such a difficult problem in so many economies?

Do some research to find an industry or firm, either now or in the past, that was affected by inflation. In your initial post, write a brief synopsis of the situation and how they reacted to it.

As an engineer, you may find it interesting to compare what countries receive large business and manufacturing investments vs. those that do not. Note that there are also other considerations beyond inflation concerns.

Order your essay today and save 25% with the discount code: THANKYOU

Order a unique copy of this paper

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
Top Academic Writers Ready to Help
with Your Research Proposal
Live Chat+1(978) 822-0999EmailWhatsApp