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Inflation Exercise ECON2

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Aquinas College Economics Department
Aquinas College Economics Department

Basic ECON2 Inflation exercise to be completed using Anderton Textbook and other resources

Education
1 of 1
Inflation Exercise Answer all the questions below 1. Define Inflation 2. Explain the concept of Demand Pull Inflation 3. Explain the concept of Cost Push Inflation 4. How does the UK calculate the rate of Inflation 5. What is the current rate of inflation in the UK

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Inflation Exercise ECON2

  • 1. Inflation Exercise Answer all the questions below 1. Define Inflation 2. Explain the concept of Demand Pull Inflation 3. Explain the concept of Cost Push Inflation 4. How does the UK calculate the rate of Inflation 5. What is the current rate of inflation in the UK