This document provides a tutorial on inflation and discusses defining business cycles and their characteristics, explaining the meaning of inflation and its various degrees including demand pull and cost push inflation, and the consequences of inflation including who gains and loses during periods of high inflation.
This document provides a tutorial on inflation and discusses defining business cycles and their characteristics, explaining the meaning of inflation and its various degrees including demand pull and cost push inflation, and the consequences of inflation including who gains and loses during periods of high inflation.
This document provides a tutorial on inflation and discusses defining business cycles and their characteristics, explaining the meaning of inflation and its various degrees including demand pull and cost push inflation, and the consequences of inflation including who gains and loses during periods of high inflation.
This document provides a tutorial on inflation and discusses defining business cycles and their characteristics, explaining the meaning of inflation and its various degrees including demand pull and cost push inflation, and the consequences of inflation including who gains and loses during periods of high inflation.
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Tutorial
Inflation
Define business cycle and explain the characteristics of
business cycle. What is the meaning of inflation? Explain the various degrees of inflation. Distinguish between demand pull inflation and cost push inflation. Explain the consequences of inflation. Who are the group of gainers and losers during inflation.