Inflation Guide Chapter 2: What is the price level and why does it matter? скачать в хорошем качестве

Inflation Guide Chapter 2: What is the price level and why does it matter?

The price level is a kind of average of prices in the economy. When it rises, this is inflation. As prices rise, the value of money falls, because we can buy less with the same amount of cash. See the complete citizen's guide to understanding inflation: www.inflationguide.org © International Budget Partnership, 2012. Author: Jason Lakin, Program Officer and Research Fellow, International Budget Partnership Creative design and animation: Formula D interactive Website: www.formula-d.com This is a publication of the International Budget Partnership. The IBP produced the guide to support civil society, citizens, and other public finance stakeholders in thier efforts to understand and influence public finance processes and policies and other educational purposes. If you would like to use some or all of the guide for educational, noncommercial purposes, please contact: info@internationalbudget.org for permission to do so. U.S. 820 First Street, NE Suite 510 Washington, DC 20002 U.S. Tel: +1 202 408 1080 | Fax: +1 202 408 8173 South Africa International Budget Partnership c/o ISS 2nd Floor The Amoury Buchanan Square 160 Sir Lowry Road Woodstock 7925 Tel: +27-021-461-7211 | Fax: +27-021-461-7213 Mexico. Xicotencatl 370-601 Del. Carmen Coyoacán, C.P. 04100 México, D.F. Tel: +5255 5658 3165 | +5255 5282 0036 India 802 Raj Atlantis Near SVP School, off Mira-Bhayender Road Beverly Park, Mira Road (East) 401107 India Tel: +91 22 2811 4868 | +91 96 6507 1392 Or email us at: info@internationalbudget.org www.internationalbudget.org