In economics, inflation is a sustained increase in the general price level of good and services in an economy over a period of time. When the general price level rises each unit of currency buys goods and services.
What Causes Inflation?
Inflation in Bangladesh
What Causes Inflation?
- Demand Pull Inflation: Inflation caused primarily by an increase in aggregate demand.
- Cost Push Inflation: Inflation caused primaroly by a decrease in aggregate supply.
- Wage Price Spiral: Higher prices lead to demands for higher wages, which,when granted ,lead to higher producer cost, which lead to higher prices and so on.
Inflation in Bangladesh
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