Types Of Inflation Archives - Tyonote

What is Inflation? Definition, Types, Effects, and Ways To Control

inflation condition

What is Inflation? Inflation refers to a persistent and appreciable rise in the general price level. It is a situation of continuously rising prices of commodities and factors of production resulting from the excess money supply. Different economists defined it in different ways. Some economists like Crowther, Gardner Ackley, and Harry Johnson regarded inflation as … Read more