Inflation Flashcards
1
Q
What is inflation and what are the types of inflation. Define those
A
General rise in the prices of goods and services over a period of time
- Demand pull inflation
- Cost push inflation
- Monetary inflation
2
Q
What are the external and internal causes of inflation?
A
3
Q
What are different types of inflation and important terms associated with concept of inflation
A
- Skewflation
- Stagflation
- Deflation
- Headline inflation
- Bottleneck inflation
- Core inflation
- Reflation
8.hyper inflation - Galloping inflation
- Disinflation
