Inflation
Deflation
Inflation
Sustained increase of price overtime
Demand pull inflation
inflation to to an increase in AD
Hyperinflation when the inflation
rate rises above 50
LRAS
i
1,401
FE
, Cost push inflation
pricelevel price of Raw material
gras cost production
of
and
supply of firms in
iii an
economy
if seas
pricest
snifes in
QI Q Re app
Deflation
when there is a sustained decrease in
the genrall price level overtime
Deflationary Spiral
Deflation
price level
consumers Delay consumption in hope
price drops even further
consumption
consumption is a component of AD
AD
Deflation
Inflation
Sustained increase of price overtime
Demand pull inflation
inflation to to an increase in AD
Hyperinflation when the inflation
rate rises above 50
LRAS
i
1,401
FE
, Cost push inflation
pricelevel price of Raw material
gras cost production
of
and
supply of firms in
iii an
economy
if seas
pricest
snifes in
QI Q Re app
Deflation
when there is a sustained decrease in
the genrall price level overtime
Deflationary Spiral
Deflation
price level
consumers Delay consumption in hope
price drops even further
consumption
consumption is a component of AD
AD
