Inflation

Question 1

What is inflation and what are the types of inflation. Define those

Answer 1

General rise in the prices of goods and services over a period of time

1. Demand pull inflation
2. Cost push inflation
3. Monetary inflation

Question 2

What are the external and internal causes of inflation?

Question 3

What are different types of inflation and important terms associated with concept of inflation

Answer 3

1. Skewflation
2. Stagflation
3. Deflation
4. Headline inflation
5. Bottleneck inflation
6. Core inflation
7. Reflation
   8.hyper inflation
8. Galloping inflation
9. Disinflation