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 child’s stage in life has become an indictment, a judgment.”
—Elaine Heffner (20th century)
“It is possible—indeed possible even according to the old conception of logic—to give in advance a description of all ‘true’ logical propositions. Hence there can never be surprises in logic.”
—Ludwig Wittgenstein (1889–1951)
“Everything to which we concede existence is a posit from the standpoint of a description of the theory-building process, and simultaneously real from the standpoint of the theory that is being built. Nor let us look down on the standpoint of the theory as make-believe; for we can never do better than occupy the standpoint of some theory or other, the best we can muster at the time.”
—Willard Van Orman Quine (b. 1908)
“We honor motherhood with glowing sentimentality, but we don’t rate it high on the scale of creative occupations.”
—Leontine Young (20th century)