answersLogoWhite

0


Best Answer

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.

User Avatar

Wiki User

โˆ™ 2014-06-20 21:24:32
This answer is:
User Avatar
Study guides

What is the Gold Standard

What is Standard and Poors

What is a prospectus

What is a NOW account

โžก๏ธ
See all cards
5.0
โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…โ˜†โ˜…
1 Review

Add your answer:

Earn +20 pts
Q: Two types of inflation
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Economics

What are the types of inflation?

On the basis of rate of Inflation, there are different types of Inflation. They are:Creeping Inflation.Walking or Trotting Inflation.Running inflation.Hyper or Galloping Inflation.Open Inflation.Suppressed Inflation.On the basis of rate of Inflation, there are different types of Inflation. They are:Creeping Inflation.Walking or Trotting Inflation.Running inflation.Hyper or Galloping Inflation.Open Inflation.Suppressed Inflation.


Mcq types of inflation with answer?

what is in flation


Why does inflation happen?

we get two types of inflation demand-pull inflation, this inflation is happened from demand increase, the demand increase, the price gonna increase too. the cpi ( inflation ) index also increase. another type is cost-push inflation, this type is from cost increase. the wage rate and the price of raw materials increase, the cost of goods and service going up, and the price of goods and services also going up. that's the reason why inflation happened. hope this can help you


What are the inflation measurement methods?

there are two methods of measuring inflation,they are 1)consumer price index


How do you explain different types of inflation?

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.

Related questions

What are the types of inflation?

On the basis of rate of Inflation, there are different types of Inflation. They are:Creeping Inflation.Walking or Trotting Inflation.Running inflation.Hyper or Galloping Inflation.Open Inflation.Suppressed Inflation.On the basis of rate of Inflation, there are different types of Inflation. They are:Creeping Inflation.Walking or Trotting Inflation.Running inflation.Hyper or Galloping Inflation.Open Inflation.Suppressed Inflation.


What are types of inflation?

Creeping inflationWalking inflationRunning inflationGalloping inflation


What a definition of inflaction?

types of inflation


Mcq types of inflation with answer?

what is in flation


Why does inflation happen?

we get two types of inflation demand-pull inflation, this inflation is happened from demand increase, the demand increase, the price gonna increase too. the cpi ( inflation ) index also increase. another type is cost-push inflation, this type is from cost increase. the wage rate and the price of raw materials increase, the cost of goods and service going up, and the price of goods and services also going up. that's the reason why inflation happened. hope this can help you


What are the inflation measurement methods?

there are two methods of measuring inflation,they are 1)consumer price index


How do you explain different types of inflation?

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.


What is the characteristics of inflation?

Characteristics of inflation are: Inflation involves a process of the persistent rise in prices. It involves rising trend in price level. Inflation is a state of disequilibrium. Inflation is scarcity oriented. Inflation is dynamic in nature. Inflationary price rise is persistent and irreversible. Inflation is caused by excess demand in relation to supply of all types of goods and services. Inflation is a purely monetary phenomenon. Inflation is a post full employment phenomenon. Inflation is a long-term process


What are the reasons for inflation?

There are many causes for different types of inflation. Some causes include government spending, an increase in public spending, and a drop in aggregate supply.


How are Inflation Adjusted Treasury Notes adjusted for inflation?

it matters how old the object is if there are two nicleks and one was made1807 and the other one was made 2001 it is 1807 for inflation


What are the two factors that threaten economic stability?

inflation and unemployment


By what two ways is a nations economy measured?

growth and inflation

People also asked