Inflation PDF
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Uploaded by ImpressedSugilite6209
S. P. Jain Institute of Management and Research
Dr. Pallavi Mody
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Summary
This document covers inflation, including its definition, types (like hyperinflation), and impact on the economy. It discusses various measurement tools and the role of monetary policy.
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Business Environment PGEMP Dr. Pallavi Mody Email: [email protected] @SPJIMR Courage. Heart What is Inflation? @SPJIMR Courage. Heart In...
Business Environment PGEMP Dr. Pallavi Mody Email: [email protected] @SPJIMR Courage. Heart What is Inflation? @SPJIMR Courage. Heart Inflation Terminology Inflation is defined as a sustained increase in the general level of prices for goods and services. It occurs when AD>AS Deflation is defined as a sustained decrease in the general level of prices for goods and services. It occurs when AD
