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On the basis of rate of Inflation, there are different types of Inflation. They are:

  1. Creeping Inflation.
  2. Walking or Trotting Inflation.
  3. Running inflation.
  4. Hyper or Galloping Inflation.
  5. Open Inflation.
  6. Suppressed Inflation.


On the basis of rate of Inflation, there are different types of Inflation. They are:

  1. Creeping Inflation.
  2. Walking or Trotting Inflation.
  3. Running inflation.
  4. Hyper or Galloping Inflation.
  5. Open Inflation.
  6. Suppressed Inflation.
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11y ago
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9y ago

Fiscal inflation and wage inflation are the two most common types of inflation. Fiscal inflation occurs when there is an excessive amount of government spending. Wage inflation occurs when prices increase, and workers want more money to be able to afford the higher prices.

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Wiki User

14y ago

There are 3 main types of Inflation as described by the economist

Robert Gordon which are:

- Demand Pull Inflation: Caused by increase in aggregate demand. This increase is caused by increased private and government spending

.

- Cost Push Inflation: Is caused by a drop in aggregate supply which is caused by increased prices of inputs. It is also called as Supply Shock Inflation.

- Built -in Inflation: Is caused by higher wages of workers. It is induced by Adaptive expectations.

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13y ago

cost-push

wage price-spiral

demand pull

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11y ago
  1. Creeping inflation
  2. Walking inflation
  3. Running inflation
  4. Galloping inflation
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