Low (as opposed to zero or negative) inflation reduces the severity of economic recessions by enabling the labor market to adjust more quickly in a downturn, and reduces the risk that a liquidity trap prevents monetary policy from stabilising the economy, while avoiding the costs associated with high inflation. Today, most economists favour a low and steady rate of inflation. Positive effects include reducing unemployment due to nominal wage rigidity, allowing the central bank greater freedom in carrying out monetary policy, encouraging loans and investment instead of money hoarding, and avoiding the inefficiencies associated with deflation. The negative effects would include an increase in the opportunity cost of holding money, uncertainty over future inflation which may discourage investment and savings, and if inflation were rapid enough, shortages of goods as consumers begin hoarding out of concern that prices will increase in the future. Moderate inflation affects economies in both positive and negative ways. Low or moderate inflation may be attributed to fluctuations in real demand for goods and services, or changes in available supplies such as during scarcities. Views on low to moderate rates of inflation are more varied. Most economists agree that high levels of inflation as well as hyperinflation-which have severely disruptive effects on the real economy-are caused by persistent excessive growth in the money supply. The employment cost index is also used for wages in the United States. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. When the general price level rises, each unit of currency buys fewer goods and services consequently, inflation corresponds to a reduction in the purchasing power of money. In economics, inflation is a general increase in the prices of goods and services in an economy. The dictionary is frequently updated and it works both online and offline.UK and US monthly inflation rates from January 1989 to the present. Scientific words, medical words, geology, geography, biology, anatomy, chemistry, physics, literature, computing, psychology and linguistics words were included and precisely translated to Hausa.Įnjoy your stay here and also contribute to its growth by linking to us or inform others about this website. However this website came along with English to Hausa learning resources designed specifically for native Hausa wishing to learn English as second language. We provide English & Hausa bilingual usage sentences, description images, audio pronunciations of all Hausa words, pluralization of Hausa words, and origins of Hausa words derived from Arabic or English.
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We specified British Audio and IPA pronunciation of any English word for those wishing to know how to pronounce a particular word. We included hausa descriptions of complex and ambiguous definitions The website/app provide definition of any existing English or Hausa word and phrase.Įach words came along with parts of speech. is an online/offline English to Hausa And Hausa to English comprehensive bilingual Dictionary (or Kamus in Hausa) containing thousands of British and American English words/phrases and Abbreviations.
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