What are the causes of inflation, Microeconomics

Assignment Help:

What are the causes of inflation?

Define inflation as a steady enhance in the general price level. Then, there are, well, two and a half basic reasons:

1) Demand-pull inflation;

2) Cost-push inflation and;

3) Demand-pull inflation caused by excess money supply.

 


Related Discussions:- What are the causes of inflation

Elasticity of demand for laptops, The price of a laptop increases by 20% an...

The price of a laptop increases by 20% and there is a 40% drop in the quantity demanded. What would answer be

Theories of common property resource management, Normal 0 false...

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Rational self-interest, Discuss the impact of rational self-interest on eac...

Discuss the impact of rational self-interest on each of the following decisions

PROPERTIES OF INDIFFERENCE CURVES, #question.PROPERTIES OF INDIFFERENCE CUR...

#question.PROPERTIES OF INDIFFERENCE CURVES WITH TABLE AND DIAGRAM.

Rational producer, In the context of managerial economics how do you explai...

In the context of managerial economics how do you explain a rational producer. Illustrate giving example covering different dimention.

When is the economic theory useless, When is the economic theory useless? ...

When is the economic theory useless? One misunderstanding is to under-estimate the role of an economic theory. Several people thought an economic theory useless since they thin

Microeconomics and the market system, Suppose you are a painter, and the pr...

Suppose you are a painter, and the price of a gallon of paint increases from $3.00 a gallon t $3.50 a gallon. Your usage of paint drops from 35 gallons to 20 gallons a month. 1. Co

Quantitatif method, When the demand function is 2Q - 24 + 3P = 0, find the ...

When the demand function is 2Q - 24 + 3P = 0, find the marginal revenue when Q=3.

Production Posibilities Curve, Define the Production Possibilities Curve an...

Define the Production Possibilities Curve and explain the basic economics concepts using the PPC. Explain the factors tht shift the PPC outwards

Competitive short run supply curve of firm and industry, A Competitive Shor...

A Competitive Short Run Supply Curve of Firm * Observations: - P = MR - MR = MC - P = MC * Supply is amount of output for every possible price.  Thus: -  If

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd