Question 261 MarkWhat type of inflation is caused due to supply shocks?Answer choicesSelect only one optionREVISITCost-push inflationStructural inflationPush-pull inflationDemand-pull inflation

_____ inflation is inflation that occurs when the demand for goods and services is greater than the supply.Question 6Answera.Supply-sideb.Demand-pullc.Demand-pushd.Cost-pushe.Demand-side

Excessive growth in money supply leads tohigh inflationGroup of answer choicesno effect to the economyhigh inflationno inflationlow inflationNext

Which of the following people benefits from a surprise increase in inflation?Group of answer choicesA person who borrowed large amounts of money on a fixed payment scheduleA lender of large amounts of money who is repaid on a fixed scheduleA person receiving a fixed pensionA person with a variable rate mortgage

Which of the following observations of inflation is incorrect?Group of answer choicesInflation may be caused by a surge in consumer demand.Inflation can take place even if aggregate demand is below the natural rate of output.Inflation may be caused by exchange rate fluctuations.All other observations are correct.

inflation: types and causes IN DETAIL