Inflation

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  • Created by: T
  • Created on: 03-10-18 20:53
What is Inflation?
Increase in average general price level
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How to measure?
CPI
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Base Index is always....
100
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Decrease in growth is....
Recession
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What is the key objective of the UK govt.?
To achieve low rate of inflation.
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From 2% to 1% in the next year, it is....
Disinflation
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Other cards in this set

Card 2

Front

How to measure?

Back

CPI

Card 3

Front

Base Index is always....

Back

Preview of the front of card 3

Card 4

Front

Decrease in growth is....

Back

Preview of the front of card 4

Card 5

Front

What is the key objective of the UK govt.?

Back

Preview of the front of card 5
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