I\'m experiencing some personal trouble and cannot efficiently get important ass

Question

I'm experiencing some personal trouble and cannot efficiently get important assignments done. I'm a top student, but at this point the threat of failure is looming and very real. Please, anyone be kind enough to provide a helpful, thorough explanation or solution. I'm immensely grateful to anyone who gives their time and mind. (THE QUESTION IS BELOW) Q. Sources of inflation A. List the two main sources of inflation. B. Briefly state the cause of each type of inflation. C. Which group in the economy is responsible for each type of inflation?

Explanation / Answer

a There Are Two Major Causes of Inflation Some inflation is caused because a country has printed too much money or experienced financial disaster, causing its currency to plummet. Other sources of inflation can be higher input or transportation costs such as gas, which makes it more expensive to ship good to retail stores, increasing costs for consumers. The consumers, in turn, have a harder time affording stuff such as toilet paper, toothpaste, jeans, paper, cars, lamps, furniture … you get the idea. At this point, the consumers demand pay raises at their companies, possibly pressuring profits further, which can lead to additional price increases, and the cycle begins. This is when economists say that inflation has become “embedded” in the economy. For more information, read What Causes a High Inflation Rate?, in which I walk you through the two causes of a high rate of inflation. You may also want to read, What Are the Effects of Inflation? to understand how it can hurt (or in rare cases, help) your pocketbook. b The price level may rise for a number of reasons and at different rates over time. Creeping inflation occurs when average prices rise at fairly low rates. Inflation has persisted at creeping rates for decades in the United States, but it "galloped" briefly in the 1970s. Galloping inflation occurs if average prices rise at double-digit annual rates. People in other countries have been even less fortunate. Most economists accept the definition of hyperinflation offered by Philip Cagan, a specialist in this area. c government is responsible

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