INFLATION
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Inflation is a worldwide phenomenon where commodity prices are rising and money values are falling. There are two main types of inflation: demand-pull inflation, which occurs when aggregate demand outpaces supply, and cost-push inflation caused by increases in production costs. Inflation can also be categorized by its speed as creeping, walking, running, or galloping depending on the annual growth rate of prices. In conclusion, inflation reduces consumer purchasing power and equilibrium as consumers must cut back on consumption.
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Inflation is defined as a persistent increase in the average level of prices. There are different types of inflation based on rate of increase: creeping inflation (under 2% annually), walking inflation (around 5% annually), running inflation (8-10% annually), and galloping or hyper inflation (over 200% annually lasting over a year). Inflation can cause social tensions, money illusion, macroeconomic consequences, uncertainty, speculation, bracket creep, and deflation dangers. It is measured to gauge the average rate and identify victims. The main causes are demand-pull inflation from excessive demand, and cost-push inflation from higher production costs putting upward pressure on prices.Inflation
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In油economics,油inflation油is a sustained increase in the general油price level油of goods and services in an油economy油over a period of time.
Consequently, inflation reflects a reduction in the油purchasing power油per unit of money油 a loss of油real value油in the medium of exchange and unit of account within the economy.
Inflation rate, the annualized percentage change in a general油price index, usually the油consumer price index, over time.
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The document discusses the National Pension Scheme (NPS) in India. NPS is a social security program open to both public and private sector employees between 18-60 years old, except armed forces personnel. It is regulated by the Pension Fund Regulatory and Development Authority (PFRDA). To open an NPS account, one can visit a point of presence like a bank or post office either offline or online. A Permanent Retirement Account Number (PRAN) is issued upon registration. There are two tiers of accounts - Tier 1 offers tax benefits and matures at age 60, while Tier 2 is voluntary and does not provide tax benefits. The document outlines the fund managers in the government and nonGreen banking
Green bankingSundar B N
油
Green banking
Meaning
Features of green banking
Sources of green banking
Green banking products
Benefits and challenges.
Crypto Currency
Crypto CurrencySundar B N
油
Crypto currency
Types of crypto currency
Crypto currencies are legal
Crypto currencies are safe
Advantages of crypto currency
Most popular crypto currency.
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INFLATION
- 2. contents Introduction Meaning of inflation Types of inflation
- 3. Introduction Inflation today is a wordwide Phenomenon. This problem continues to affect modern money economics. This is why this concept has captured the attention of economists.
- 4. Meaning of inflation In general, inflation is a situation in which commodity prices are rising and money values are falling.
- 5. Types of inflation On the basis of cause and nature of inflation, there are two types; 1. Demand full inflation;-Demand-ull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. too much money chasing too few goods. 2. Cost Push inflation;- inflation caused by substantial increases in the cost of Production or cost of goods or services where no suitable altemative is available is called as cost push inflaton.
- 6. On the basis of speed or intensity Creeping inflation;- The inflationary rate is less then 2% that means Prices are increasing gradually. Walking inflation;- the inflationary rate of a country is around 5% little than areeping Running inflation;- the rate of growth in prices are more i.e, the inflation is growing at the rate of 10% Galloping inflation;- higher growth rate compared to the carier stages i.e change is around 25%
- 7. Conclusion After study this topic I found that inflation directly affected to consumer equlibruim. At the time of inflation increases which reduce the purchasing power of the consumers, and consumers have to reduce the consumption