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 3, 2010 | Economics
The most simple and easy definition of inflation is reduction or drop in the value of money. Inflation is a comprehensive topics and it also have different types. Several economists have described inflation in different ways. For example Coulborn define inflation as... by kasi | Jun 23, 2010 | Macro-Economics
Several economists have described the inflation in different ways. For example Coulborn define inflation as “Too much money chasing too few goods.” According to Crowther “Inflation is a state of economy in which the value of money is falling, i.e. prices are rising.”...