Cost push inflation.
to control inflation govt takes necessary steps 1 control high prices 2 issue low level of currerncy
Yes government tries to control the inflation by increasing the supply into the market, this balances the demand supply curve
Walking inflation: When the price rise is moderate (is in the range of 3 to 7 %) and the annual inflation rate is of a single digit, it is called walking inflation. It is a warning signal for the government to control it before it turns into running inflation.
recession..A+
Cost push inflation.
Inflation/deflation.
to control inflation
Hyperinflation is an extremely rapid or out of control inflation and there is no precise numerical definition to hyperinflation. Hyperinflation is a situation where the price increases are so out of control that the concept of inflation is meaningless.
a period of high inflation and slow economic growth
to control inflation govt takes necessary steps 1 control high prices 2 issue low level of currerncy
Yes government tries to control the inflation by increasing the supply into the market, this balances the demand supply curve
Walking inflation: When the price rise is moderate (is in the range of 3 to 7 %) and the annual inflation rate is of a single digit, it is called walking inflation. It is a warning signal for the government to control it before it turns into running inflation.
Costs which are affected by inflation
by controlling growth of money supply
recession..A+
Monetary policy can have an impact of inflation. The ideal state of the economy is a balance between inflation and unemployment at 4.3% which is only seen in a wartime economy.