ECONOMICS
INFLATION
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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demandfull inflation
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built-in inflation
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exchange rates
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the consumer price index
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Detailed explanation-1: -The correct answer is Increase in money supply and Fall in production. Inflation is a caused when there is an increase in money supply and fall in production. Also occurs due to rising prices of goods and services in an economy.
Detailed explanation-2: -CPI tracks the rate of change in U.S. inflation over time. This key economic metric is based on prices that consumers pay for goods and services throughout the U.S. economy. The percentage change in CPI over a period of time is referred to as the inflation rate.
Detailed explanation-3: -Based on speed, there are 4 different types of inflation – hyperinflation, galloping, walking, and creeping.
Detailed explanation-4: -Demand-pull. Cost-push. Increased money supply. Devaluation. Rising wages. Monetary and fiscal policies. 4 days ago