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MUHAMMAD ZUBAIR GOVT COLLEGE UNIVERSITY FAISALABAD
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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.
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