4.8.3 Causes of inflation and deflation
Unit 4.8.3 - Causes of inflation and deflationThis section of the Cambridge IGCSE Economics (0455) syllabus requires students to understand the causes of inflation (namely demand-pull and cost-push inflation) as well as the causes of deflation (with reference to demand-side and supply-side causes).There are two broad categories of causes of inflation (and deflation):Demand-pull inflation due to demand-side factors, and