Describe each of these two types of inflation. text are cost-push inflation and demand-pull inflation.

In this Decision Point you learned a little about inflation and inflation expectations. Apply what you learned from this decision point to the following questions. Erica makes $25 per hour. Erica receives a 1.9%1.9% raise and inflation is 2.5%2.5% what happens to her real wage? Her real wage: rises by 1.9%1.9% rises by 2.5%2.5% falls by 0.6%0.6%. does not change.

Describe the BLS method of assessing inflation?

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The two main types of inflation are demand-pull and labor slide. True or false?

What unique factors in the 1970s era caused widespread inflation?

illustrate cost push and demand pull inflation using  diagrams?

With an illustration and  rationale  what is  the category of inflation considered to be the most severe

Explain both demand-pull and cost-push inflation