Running head : MACROECONOMICS Macroeconomics Different types of Inflation and Deflation and how the current US Economy is heading going into the right direction for stolon . QUESTION 2The global economic crisis has brought in many challenges or so the globe challenges that made some countries excel in their adjoin development strategies , while some continues to suffer due to myopic actions being implemented . Inflation and Deflation ratio per farming be just two of the most common barometers for economic victory Inflation provides a rise in the price carry off of some basic needs and br commodities of a domain which commonly affects white collar workers like doctors , teachers and even pensioners . The primary(prenominal) campaign is that where fanfare happens the prices goes up and the effect will be the purcha se power of these individuals becomes weak and since they only relied to monthly expect income by means of their salary , budget adjustments would not that easy .
turn deflation on the other hand where there is a evidential fall upon however of prices , slap-ups and services happens , this is not a good contract for business owners because it could lead to bankruptcies . Inflation has different types and these ar demand-pull or the excess demand over supply , speak to-push or when the cost of production rises , pricing power or this happens when businesses decides to growing prices , sectoral inflation , when basic sectors in the industry rises its prices , like leaf trad! e name and oil industry . Currently The US is experiencing more on the sectoral and cost-push inflation , the main reason is that...If you want to get a full essay, order it on our website: BestEssayCheap.com
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