Question

what is inflation and how can it be measured ? describe it's various types. ​

Answer 1

Answer:

Inflation is when the prices of goods and services increase. There are four main types of inflation, categorized by their speed. They are creeping, walking, galloping, and hyperinflation. There are specific types of asset inflation and also wage inflation.

Answer 2

$\mathfrak{\huge{\orange{\underline{\underline{Answer :}}}}}$

Inflation is when the prices of goods and services increase. There are four main types of inflation, categorized by their speed. They are creeping, walking, galloping, and hyperinflation. There are specific types of asset inflation and also wage inflation.