InflationIn economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index.
Starburst galaxyA starburst galaxy is one undergoing an exceptionally high rate of star formation, as compared to the long-term average rate of star formation in the galaxy or the star formation rate observed in most other galaxies. For example, the star formation rate of the Milky Way galaxy is approximately 3 M☉/yr, while starburst galaxies can experience star formation rates of 100 M☉/yr or more. In a starburst galaxy, the rate of star formation is so large that the galaxy will consume all of its gas reservoir, from which the stars are forming, on a timescale much shorter than the age of the galaxy.
Interacting galaxyInteracting galaxies (colliding galaxies) are galaxies whose gravitational fields result in a disturbance of one another. An example of a minor interaction is a satellite galaxy disturbing the primary galaxy's spiral arms. An example of a major interaction is a galactic collision, which may lead to a galaxy merger. A giant galaxy interacting with its satellites is common. A satellite's gravity could attract one of the primary's spiral arms.
Astronomical radio sourceAn astronomical radio source is an object in outer space that emits strong radio waves. Radio emission comes from a wide variety of sources. Such objects are among the most extreme and energetic physical processes in the universe. In 1932, American physicist and radio engineer Karl Jansky detected radio waves coming from an unknown source in the center of the Milky Way galaxy. Jansky was studying the origins of radio frequency interference for Bell Laboratories. He found "...
AstronomyAstronomy is a natural science that studies celestial objects and phenomena. It uses mathematics, physics, and chemistry in order to explain their origin and evolution. Objects of interest include planets, moons, stars, nebulae, galaxies, meteoroid, asteroid, and comets. Relevant phenomena include supernova explosions, gamma ray bursts, quasars, blazars, pulsars, and cosmic microwave background radiation. More generally, astronomy studies everything that originates beyond Earth's atmosphere.
Eternal inflationEternal inflation is a hypothetical inflationary universe model, which is itself an outgrowth or extension of the Big Bang theory. According to eternal inflation, the inflationary phase of the universe's expansion lasts forever throughout most of the universe. Because the regions expand exponentially rapidly, most of the volume of the universe at any given time is inflating. Eternal inflation, therefore, produces a hypothetically infinite multiverse, in which only an insignificant fractal volume ends inflation.
Inflation targetingIn macroeconomics, inflation targeting is a monetary policy where a central bank follows an explicit target for the inflation rate for the medium-term and announces this inflation target to the public. The assumption is that the best that monetary policy can do to support long-term growth of the economy is to maintain price stability, and price stability is achieved by controlling inflation. The central bank uses interest rates as its main short-term monetary instrument.
Cosmic microwave backgroundThe cosmic microwave background (CMB, CMBR) is microwave radiation that fills all space in the observable universe. It is a remnant that provides an important source of data on the primordial universe. With a standard optical telescope, the background space between stars and galaxies is almost completely dark. However, a sufficiently sensitive radio telescope detects a faint background glow that is almost uniform and is not associated with any star, galaxy, or other object.
Radio galaxyA radio galaxy is a galaxy with giant regions of radio emission extending well beyond its visible structure. These energetic radio lobes are powered by jets from its active galactic nucleus. They have luminosities up to 1039 W at radio wavelengths between 10 MHz and 100 GHz. The radio emission is due to the synchrotron process. The observed structure in radio emission is determined by the interaction between twin jets and the external medium, modified by the effects of relativistic beaming.
MicrowaveMicrowave is a form of electromagnetic radiation with wavelengths ranging from about 30 centimeters to one millimeter corresponding to frequencies between 1000 MHz and 300 GHz respectively. Different sources define different frequency ranges as microwaves; the above broad definition includes UHF, SHF and EHF (millimeter wave) bands. A more common definition in radio-frequency engineering is the range between 1 and 100 GHz (wavelengths between 0.3 m and 3 mm). In all cases, microwaves include the entire SHF band (3 to 30 GHz, or 10 to 1 cm) at minimum.
Galaxy clusterA galaxy cluster, or a cluster of galaxies, is a structure that consists of anywhere from hundreds to thousands of galaxies that are bound together by gravity, with typical masses ranging from 1014 to 1015 solar masses. They are the second-largest known gravitationally bound structures in the universe after galaxy filaments and were believed to be the largest known structures in the universe until the 1980s, when superclusters were discovered. One of the key features of clusters is the intracluster medium (ICM).
Monetary inflationMonetary inflation is a sustained increase in the money supply of a country (or currency area). Depending on many factors, especially public expectations, the fundamental state and development of the economy, and the transmission mechanism, it is likely to result in price inflation, which is usually just called "inflation", which is a rise in the general level of prices of goods and services.Michael F. Bryan, On the Origin and Evolution of the Word "Inflation", clevelandfed.