With the aid of graphs, explain: (a) demand-pull inflation (b) cost-push inflation.

Last year a movie ticket cost $10. Now a movie ticket cost $12. Which of the following best describes this economic condition? deflation inflation stagflation hyper-inflation

If the inflation rate was 1% in 2014, 3% in 2015, and 2% in 2016, this economy experienced from 2014 to 2015, and from 2015 to 2016. a) inflation; inflation b) disinflation; deflation c) inflation; deflation d) inflation; disinflation

Evaluate how each of the following individuals would be affected by unanticipated inflation: (a) A department store clerk, a  heavily indebted farmer A private pensioner The government

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Demand-pull inflation can develop when...

The relationship between the inflation rate and the unemplotment rate is it a micro or macro decison? explain why

Consider the nature of unemployment and inflation and predict whether or not they should have some sort of relation with each other. Explain why you expect that relation to hold true.

Which of the following economic changes are consistent with cost-push inflation? (More than one may apply)   A. An increase in the price level   B. A sudden and sharp decline in the quantity of money issued by the central bank   C. Rising unemployment

Explain both demand-pull and cost-push inflation