Inflation is the rate at which the general level of prices for goods and services is rising, and, subsequently, the purchasing power is falling.
What are the types of inflation?
The types of inflation are Cost-push inflation, Demand-pull inflation, Sectoral inflation and Structural inflation.
What is the inflation rate?
Inflation rate is the percentage change in the price index over a specific period, often a month or a year.
What is hyperinflation?
Hyperinflation is when currency inflation rates exceed 50% per month. At this rate, prices double and then quadruple in short order, leading to exorbitant increases in the cost of goods and services.
What is the CPI?
CPI, or the Consumer Price Index, is a measurement of the average price of goods and services bought by households.
What is inflation targeting?
Inflation targeting is a central banking policy which adjusts the Monetary Policy to achieve a target rate of inflation.
What are the effects of inflation on an economy?
The effects of inflation on an economy include a decrease in the purchasing power of money, uncertainty, and lower returns on savings and investments.
What is deflation?
Deflation is the decrease in the general price level of goods and services.
What is stagflation?
Stagflation is a condition of slow economic growth and relatively high unemployment - a time of stagnation - accompanied by a rise in prices, or inflation.
What causes inflation in the long run?
Inflation in the long run is caused by the growth rate of the money supply exceeding the growth rate of output.
What is the Phillips Curve?
The Phillips curve shows the relationship between unemployment rates and inflation rates, suggesting that when unemployment is low, inflation will be high and vice versa.
What are the differences between disinflation and deflation?
Disinflation is when the rate of inflation declines over time, while deflation is when actual prices decline due to reduced demand or an oversupply of goods and services.
What is cost-push inflation?
Cost-push inflation is a type of inflation caused by a decrease in the aggregate supply of goods and services.
What is demand-pull inflation?
Demand-pull inflation is a type of inflation caused by an increase in aggregate demand due to increased demand for goods and services over time.
What is structural inflation?
Structural inflation is a type of inflation caused by a change in a specific aspect of the economy, such as increased production costs or shortages of certain goods.
What is inflation?
Inflation is the rate at which the general level of prices for goods and services is rising, and, subsequently, the purchasing power is falling.
What are the types of inflation?
The types of inflation are Cost-push inflation, Demand-pull inflation, Sectoral inflation and Structural inflation.
What is the inflation rate?
Inflation rate is the percentage change in the price index over a specific period, often a month or a year.
What is hyperinflation?
Hyperinflation is when currency inflation rates exceed 50% per month. At this rate, prices double and then quadruple in short order, leading to exorbitant increases in the cost of goods and services.
What is the CPI?
CPI, or the Consumer Price Index, is a measurement of the average price of goods and services bought by households.
What is inflation targeting?
Inflation targeting is a central banking policy which adjusts the Monetary Policy to achieve a target rate of inflation.
What are the effects of inflation on an economy?
The effects of inflation on an economy include a decrease in the purchasing power of money, uncertainty, and lower returns on savings and investments.
What is deflation?
Deflation is the decrease in the general price level of goods and services.
What is stagflation?
Stagflation is a condition of slow economic growth and relatively high unemployment - a time of stagnation - accompanied by a rise in prices, or inflation.
What causes inflation in the long run?
Inflation in the long run is caused by the growth rate of the money supply exceeding the growth rate of output.
What is the Phillips Curve?
The Phillips curve shows the relationship between unemployment rates and inflation rates, suggesting that when unemployment is low, inflation will be high and vice versa.
What are the differences between disinflation and deflation?
Disinflation is when the rate of inflation declines over time, while deflation is when actual prices decline due to reduced demand or an oversupply of goods and services.
What is cost-push inflation?
Cost-push inflation is a type of inflation caused by a decrease in the aggregate supply of goods and services.
What is demand-pull inflation?
Demand-pull inflation is a type of inflation caused by an increase in aggregate demand due to increased demand for goods and services over time.
What is structural inflation?
Structural inflation is a type of inflation caused by a change in a specific aspect of the economy, such as increased production costs or shortages of certain goods.