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Relationship Between Economic Environment And Consumer Behaviors

Relationship Between Economic Environment And Consumer Behaviors

          
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About the Book

It brings this question: How can be the country's attitude evaluated inflation level in order to achieve rising GDP income and encouraging consumers' real shopping desires to rising their consumption desires in the same time? Any countries will become apparent that this is anything but accurate, and certainly cost-push inflation made no case for inflationarypolicy, because when the country's general any products' productive material costs prices are increased by imports. Then, the country's general businessmen will rise their product prices in order to compensate or avoid their profit losses in possible, if their sale sales can not increased immediately. It is one cost-push inflationary factor to influence sellers rise their products sale prices activities. The issue of the relationship between cost-push inflation and the " trade-off" is however, an important issue. Whether the possibility of a relation betweeneconomic growth and inflation might be seen as making such raising consumption desires in real in the country, it is such as case is a more different to achieve " increasing GDP income and rising consumers' desires to consume in the same time" both aims.I shall recommend that attitudes to keep price stability inflationary policy may achieve raising GDP income and raising consumers' desires both aims in the same time in possible. Inflationary policy implementation will depend on these factors: Firmness, and durability of the commitment to price stability. It is not all together easy to establish what attitudes of price stability were topical since there are both more and less inflationist authors from any period who can be quoted or ignored so as to give a different impressoin, but taking the literature as a whole, there is great continuity in economists' view points to general inflation. Burns ( 1957) was later a policy-maker, and certainly inflation averse. But, rather than quaote of consensus views might come from the successoin of international reports on the inflation problem.Hence, I believe that any country governments need to consider that year has high or low unemployment ratio in order to implement inflationary strategy in order to acheive the rising of GDP income and rising consumers' real consumption desires both aims. Because any country irself high or low unemployment ratio may influence the country itself general consumer consumptoin desires to be increased or decreased also. For exmaple, if the year has many people do not like to go to shopping in the country. Then, although the country'sgeneral products prices are increased, but it can not assist businessmen can increase to sell more products in possible. Consequently, the country's GDP income won't be increased, even it will be decreased in possible in the year. So, any country governments can not neglect the relatoinship between " inflation and unemployment ratio" as well as " consumers real consumption desires and GDP income" both issues.Because, although, the country can raise its GDP in this year, but it must not represent its overall consumers real consumption desires are also raised in possible. Because in the inflationary year, it is possible that consumers feel worry about the overall products prices level will continue rise. So, it casues many consumers still accept to buy any things in the country in the year. But, if some consumers do not believe that inflationary period will continue due to year and they will lose jobs next year. These consumers won't choose to buy any more things, even they will reduce consumption in this year. So, GDP income rises in this year, it is short time or temporary period. It does not represent GDP income also rises in next year to the country.


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Product Details
  • ISBN-13: 9781710835304
  • Publisher: Amazon Digital Services LLC - KDP Print US
  • Publisher Imprint: Independently Published
  • Height: 279 mm
  • No of Pages: 408
  • Series Title: Economic Measurement to Consumer Behaviors
  • Weight: 1305 gr
  • ISBN-10: 1710835303
  • Publisher Date: 23 Nov 2019
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Spine Width: 27 mm
  • Width: 216 mm


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