by kasi | Oct 16, 2010 | Economics
Inflation is an economic condition in which general price level rise, and currency is devalued over a period of time. The value of currency decreases and resulted in erosion of purchasing power. One unit of currency can purchase fewer goods and services. Currently... by kasi | Sep 4, 2010 | Economics
Inflation is a condition where the general price level is rising continuously indicating the imbalance between supply and demand of goods at current prices. The causes of inflation vary from one country to another, what different types of inflation existing in... by kasi | Jun 23, 2010 | Macro-Economics
Inflation is a situation where general price level is rising continuously indicating disequilibrium between demand and supply of goods at current prices. Causes of inflation vary from one country to another, thus different types of inflation exist at different places...