Inflation

It is the continuing increase in the general price level of commodities

• Inflation

• HyperInflation

• Cost-push

• Demand-pull

This happens when sectors desire to buy products and services more than the available supply in the market

• Cost-push

• Demand-pull

• Structural

• Inflation

It happens when the workers demand for a wage increase, the employers act on it by increasing the price of the products.

• Demand-push

• Demand-pull

• Cost-push

• Cost-pull

This occurred in Germany in the 1920s and in the Philippines during Japanese occupation when the price is continuously increasing and large amount of money were needed to buy a very minimal amount of commodities

• Inflation

• Deflation

• Hyperinflation

• Structural Inflation

Every action and movement of each economic sector cause an increase in the price of commodity. What cause of Inflation pertains to this?

• Cost-push

• Demand-pull

• Structural

• Hyperinflation

From our discussion, give one example of the people who benefited from inflation

From our discussion, give one example of the people who are hurt from inflation

Compute for the CPI of 2020

• 64

• 64.50

• 65.50

• 65

Compute for the CPI of 2021

• 80. 71

• 66.57

• 81.57

• 71.57

Compute the Inflation Rate of 2021

• 10.18%

• 14.17%

• 24.17%

• 23.18%