Inflation

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  • Created by: Max Oscar
  • Created on: 25-05-22 01:31
Inflation
Sustained RISE in the average price level
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Deflation
Sustained FALL in the average price level
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Disinflation
FALL in the rate of inflation so the average price level is RISING more slowly
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Consumer Price Index (CPI)
The measure of inflation used for inflation targeting in the UK
Is weighted on the average price of items on which people spend the money
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Other cards in this set

Card 2

Front

Deflation

Back

Sustained FALL in the average price level

Card 3

Front

Disinflation

Back

Preview of the front of card 3

Card 4

Front

Consumer Price Index (CPI)

Back

Preview of the front of card 4

Card 5

Front

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Back

Preview of the front of card 5

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