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klemol [59]
3 years ago
7

Essay on inflation (350-450 words)

English
1 answer:
love history [14]3 years ago
5 0

Answer:

Explanation:

Inflation is often defined in terms of its supposed causes. Inflation exists when money supply exceeds available goods and services. Or inflation is attributed to budget deficit financing. A deficit budget may be financed by additional money creation. But the situation of monetary expansion or budget deficit may not cause price level to rise. Hence the difficulty of defining ‘inflation’.

Inflation may be defined as ‘a sustained upward trend in the general level of prices’ and not the price of only one or two goods. G. Ackley defined inflation as ‘a persistent and appreciable rise in the general level or average of prices’. In other words, inflation is a state of rising price level, but not rise in the price level. It is not high prices but rising prices that constitute inflation.

Inflation may be caused by a variety of factors. Its intensity or pace may be different at different times. It may also be classified in accordance with the reactions of the government toward inflation.

Thus, one may observe different types of inflation in the contemporary society:

i. Currency Inflation

ii. Credit Inflation

iii. Deficit-Induced Inflation

iv. Demand-Pull Inflation

v. Cost-Push Inflation

Inflation is mainly caused by excess demand/or decline in aggregate supply or output. Former leads to a rightward shift of aggregate demand curve while the latter causes aggregate supply curve to shift leftward. Former is called demand-pull inflation (DPI) and the latter is called cost- push inflation (CPI).

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Which question will NOT help you to determine your learning style? Group of answer choices
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in which two rounds of a debate can the participants introduce new arguments?; arrange the steps for constructing a counterargum
bogdanovich [222]

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The main objectives of contests are to aid in the development discourse involvement, aid students in developing their correspondence but also language skills, their capacity to derive conclusions from provided data, and one‘s ability to present and refute claims using logic and reasoning. thought.

If a person is having a debate and then there are some possible conditions when the person can have a new arrangement in the saying. As if there is some new light that has been studied shaded on a constructor speed.

Also if there is a counter-argument regarding some particular point that the opposition has provided then they can clearly address it. Therefore, option A and D is the correct option.

Learn more about debate, here:

brainly.com/question/4076151

#SPJ4

Full Question ;

In which two rounds of a debate can the participants introduce new arguments?

A in a constructive speech

B when making a rebuttal

C when the opposition presents its argument

D during a counterargument

6 0
1 year ago
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