Description of The Rate
The rate is usually expressed in annualized terms, though measurement periods are not usually one year. Inflation rates are often given in seasonally adjusted terms, removing systematic quarter-to-quarter variation.
Read more about this topic: Inflation Rate
Famous quotes containing the words description of the, description of, description and/or rate:
“Once a child has demonstrated his capacity for independent functioning in any area, his lapses into dependent behavior, even though temporary, make the mother feel that she is being taken advantage of....What only yesterday was a description of the childs stage in life has become an indictment, a judgment.”
—Elaine Heffner (20th century)
“I was here first introduced to Joe.... He was a good-looking Indian, twenty-four years old, apparently of unmixed blood, short and stout, with a broad face and reddish complexion, and eyes, methinks, narrower and more turned up at the outer corners than ours, answering to the description of his race. Besides his underclothing, he wore a red flannel shirt, woolen pants, and a black Kossuth hat, the ordinary dress of the lumberman, and, to a considerable extent, of the Penobscot Indian.”
—Henry David Thoreau (18171862)
“The next Augustan age will dawn on the other side of the Atlantic. There will, perhaps, be a Thucydides at Boston, a Xenophon at New York, and, in time, a Virgil at Mexico, and a Newton at Peru. At last, some curious traveller from Lima will visit England and give a description of the ruins of St Pauls, like the editions of Balbec and Palmyra.”
—Horace Walpole (17171797)
“If you could choose your parents,... we would rather have a mother who felt a sense of guiltat any rate who felt responsible, and felt that if things went wrong it was probably her faultwed rather have that than a mother who immediately turned to an outside thing to explain everything, and said it was due to the thunderstorm last night or some quite outside phenomenon and didnt take responsibility for anything.”
—D.W. Winnicott (20th century)