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Environmental Analysis
Essay specific features
Written by:
Michael R
Date added:
May 11, 2015
Level:
Grade:
A
No of pages / words:
4 / 862
Was viewed:
7070 times
Rating of current essay:
Essay content:
The two variables are as follows: prices and industrial output.
Price a very important variable in that it determines the cost of materials and ultimately what is passed on to the consumer. Industrial output is also very significant in that the market can be flooded and demand decreases, while demand for raw materials can increase as more product is produced...
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The first figure shows a very detailed trend of consumer prices in general. It is very easy to see there is a constant increase from year to year. This is perhaps due to inflation or supply and demand influences.
Table 1(inflationdata, 2007)
Current Consumer Price Index
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Ave
2006 198...
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