Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. economics
  3. 1) define inflation, explain the different types o

1) Define inflation, explain the different types of inflation and discuss the curse of inflation? 2) Which...

50.1K

Verified Solution

Question

Economics

1) Define inflation, explain the different types ofinflation and discuss the curse of inflation?

2) Which of them is or will more likely to becomereality in our time of pandemic?

Answer & Explanation Solved by verified expert
4.4 Ratings (955 Votes)
1inflation is defined as a sustained increase in the general price level of goods and services in an economy over a period of time Types of inflation hyperinflation is occurs dur to a very rapid rise in the price level it is an extremely high rate of inflation stagflation is a condition of slow economic growth and relatively high unemployment accompanied by rising prices or inflation and a decline in gdp deflation is occurs due    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Geometry
1.2K views

4 50 78 4 points A Cessna P 210G needs to be modified so it...

Accounting
1.2K views

(1) Summarize the alternative involving the possibility of liquidating the business, using rationale based on tax...

Chemistry
1.2K views

Without drawing out correlation diagrams in detail for each 2nd period homonuclear diatomic molecule separately please show...

General Management
1.2K views

Describe the elements of a project quality plan.

Physics
1.2K views

You have 20 identical cells When these are connected in series with resistance R current...

Geometry
1.2K views

A model is made of a car. The car is10 feet long and the model...

Calculus
1.2K views

Suppose you are standing on the surface z f x y at the point a...

Algebra
1.2K views

S 02 02 48 On January 1 Year 1 Jones Company issued bonds with a...

Accounting
1.2K views

Evae Corp. reported the following amounts for the year just ended: Land $765,000 Trademarks 127,500...

Accounting
1.2K views

Please analyze this component and trend analysis for targets balance sheet for years 2020-2024 ...

Finance
1.2K views

On January 4, 2019, the DJIA opened at 12,719.01. The divisor at that time was...

Finance
1.2K views

Answer questions 4, 5 and 6 based upon the following information Company Y's management is...