DIFFERENT CONCEPTS OF INFLATION

MUHAMMAD zubair 7170GCUF PAKISTAN

REFLATION

Definition

“A fall in general level of prices accompanied by a decline in output and employment”

REFLATION

PRICES

Definition

“A deliberate slow increase in the level of prices by the government to get rid from

depression”

Definition

A combination of two words “stagnant” and “inflation”.

“It’s a situation when there is an increase in price level and decrease in output and

employment”

A situation when an attempt is made by the Govt. to bring down the prices moderately from high

level to low level.