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EMIGRATION: Migration that leaves one country for another country. This is the other side of immigration. While immigration is people moving into a country, emigration is people moving out. People emigrate for the same reasons they migrate in general, to improve their lot in life. Emigration can be a problem for a country that's not highly developed because those who leave are often the "best and the brightest." As such, a country that's struggling to advance often finds itself left with unskilled, uneducated labor--the poorest of the poor who can't afford to leave.
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INFLATION PROBLEMS Two notable problems are associated with inflation--uncertainty and haphazard redistribution. Inflation, especially inflation that varies from month to month and year to year, makes long-term planning quite difficult. Prices, wages, taxes, interest rates, and other nominal values that enter into consumer, business, and government planning decisions can be significantly affected by inflation. Moreover, inflation tends to redistribute income and wealth in a haphazard manner--some people win and some people lose. This redistribution might not be that desired by society, failing to promote any of the basic economic goals of efficiency, equity, stability, growth, or full-employment.
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A U.S. dime has 118 groves around its edge, one fewer than a U.S. quarter.
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"The truth is not for all men, but only for those who seek it. " -- Ayn Rand, writer
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LRAS
Long Run Aggregate Supply
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