What is inflation and how do we measure it? | Economics Explained
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What is inflation and how do we measure it? | Economics Explained
Inflation is a term commonly used by economists and non-economists alike. But what really is inflation, what causes inflation, and how do we measure it? 00:00 Introduction 00:08 Definition 00:16 How to measure inflation (using Consumer Price Index)? 01:01 Demand-pull inflation 01:20 Cost-push inflation 01:50 Monetary inflation 02:14 Is ...
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