Inflation and Deflation Flashcards

1
Q

Definition of inflation

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2
Q

Measurement of inflation

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3
Q

Calculation of CPI

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4
Q

Use of price index

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5
Q

Problems with CPI

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6
Q

Causes of inflation/Types of inflation

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7
Q

Consequences of inflation

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8
Q

Definition of deflation

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9
Q

The consequences of deflation

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10
Q

Government policy and deflation

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