Causes of Inflation
MJMFoodie overview:
1) Monetary Inflation
Watch the first part of this video until 1 minute 30 seconds in (you can watch the rest for a historical example of inflation in the US, but this is not essential to our understanding at this point)
2) Demand Pull and Cost Push Inflation
Print article | This entry was posted by James Penstone on September 14, 2010 at 12:11 am, and is filed under Economics, IB Economics, IGCSE Economics. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |