| A | B |
|---|
| Disinflation | prices are rising but the rate of increase has slowed |
| Reflation | Prices are lowered because of lower demand, but then are restored to the original level |
| Hyperinflation | When prices rise so rapidly they are out of control |
| Deflation | is a decrease in the general leel of prices for goods and services. |
| Demand Pull Inflation | results in higher prices because consumers want to buy more goods than the producers supply |
| Cost push Inflation | occurs when producers raise their prices because their productions costs are rising |
| Real Cost Inflation | when a resource becomes scarce and prices climb |
| time value of money | a dollar now is worth less in the future |
