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1. Inflation
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Inflation

Inflation

Inflation is a continuous or sustained increase in the general price level over a period of time usually measured every quarter. ...
The ultimate inflation level is zero. ...

Using the CPI and the following formula we can measure the inflation rate.

     Inflation rate =     Current inflation – Previous Inflation           100
                         Previous Inflation                X       1

Inflation is regarded as a problem because it leads to the fall in the value of money and real purchasing power.

The main causes of inflation are pressure from the demand and supply sides of the economy.


Approximate Word count = 406
Approximate Pages = 1.6
(250 words per page double spaced)
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