R.P KENT says that:
inflation is nothing
more then a sharp upward moment in
the price level.
inflation means too much money
cashing too few goods.
In my words increase in the prices of
common goods due to increase in
Types of inflation
Demand Pull inflation
Cost push inflation
Demand pull inflation
The increasing demand of goods and
services bring demand pull inflation.
• Demand supply
Effect of inflation
Currency value depreciate against other
Due to excess of Inflation the relevant country
Exports decline and imports increased.
as result the slandered of life fall due to
increase in price.
in cost of
production goods is major
factor of cost push
inflation.it is occur due to
increase in cost of factor of