Economy, asked by ruplekhasaha4, 8 months ago

what is inflation?What are types of inflation?Explain.for 2marks degree level notes?

Answers

Answered by ayanakhan074

Answer:

Types of Inflation

Demand Pull Inflation
Cost-Push Inflation
Open Inflation
Repressed Inflation
Hyper-Inflation
Creeping and Moderate Inflation
True Inflation
Semi-Inflation

Answered by sabbiralam45567

what is inflation?

Inflation is the decline of purchasing power of a given currency over time. A quantitative estimate of the rate at which the decline in purchasing power occurs can be reflected in the increase of an average price level of a basket of selected goods and services in an economy over some period of time. The rise in the general level of prices, often expressed a a percentage means that a unit of currency effectively buys less than it did in prior periods.

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