Types of Inflation
Across
- 1. Inflation caused by rising costs of production such as wages or raw materials
- 4. Inflation caused when demand in the economy is greater than supply
- 6. When people anticipate higher prices leading to increased wage and price demands
- 8. Extremely rapid and out of control rise in the general price level
- 9. General rise in the price level measured by an index such as CPI
- 10. Very high accelerating inflation similar to hyperinflation
Down
- 2. When prices rise but output falls and unemployment increases
- 3. A sustained fall in the general price level
- 5. A fall in the rate of inflation though prices are still rising
- 7. Slow gradual inflation of a few percent each year