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wouksheef-6-Q.

it
a) Step Define deflation ñ=P¥¥*?

calculated
✗ too

step ② How is
deflation
determined tin CPI
Deflation
is by a

of calculating
CPI
Mention
the 7 steps
in 8th step
& how we determine deflation
siege;gtiwpa¥EfñifÉitiE¥ output
eeo
GBP1
.

to →

profits
1- →

Recession as
T
poverty
-

9→

Unemployment
pmt-huet-FOYTHjootdoafeati o nda.c o#
-

to
-
Enterprise
9in As → 9 output empt
GDP & 9
+

Bopp
esports
9
/creditors

Sauers
+
9 RIR →

deflation
also
+
are better
bff .
9.2-b7 Step ① Define inflation define +

:-D Pñdcpa
of inflation
-

2 causes


step④ FYÉndÉg&m%fra
DP T↑+
is XFP as

↑ AD a- +
→ →
Dpñ
'

↑ in
further
.

I↑ →
↑ As
in
future & as

step ③ ↑ in
infra better communication

improve infra →
tʰiʰʰ^↓
transportation.EE?PE?t!Aeso.IEaefod-
a-

efficiency
① Draw AD
↑ infra
soft
& AS
egedu
diagram %
Step ↑
:-& R inflation
as

⑤ Conclusion LR
Step
.
,

will ↓ in

AD ↑ in SR
while inflation depends
Overall effect
,

as AS
↑ in LR .

AD ↑ AS ↑
whether more or .

on
d. a b) Step ① 4 in Ms → TAD DPM →

Mitt T → CADT
unapt growth
.

+ eco

( euplain each individually by linking


each with TMS) .
TMS will espouse
HADoft
(2-3)
effects
. as

DP a- →
in
¥1
in TADP
of
+

enplane effects
also
+

② Draw diagram of
PAD
step
lualuation how much
impact :-

stop③ aims ? ÉmmÉz)


will there be on
espñ output
TMS niaiieaa to in →

( G.
-

Size of 9 Mg
is
full eup/
whether the eco near

Depends on

it is full 9in
emp
Tms →
large
if
near ,

full capacity
.

output
:
-

not much
in inflation but
in As ,

① Conclusion A
_:¥-
-

step
,
(
lives
5-7 ) " output Thy
less but
7ms is T lot
! ADI by a

→ is near
as eco
"

f. 5,7 ,8a
a ,
11,13 : AB
full emp
Az
i.
i.
Yfi
0.5-a7 Step①
Define inflation ER & CAD ,

step② a- 9 Rat Dxt


→ / Dmt →→

9 → CADT
✗ Rt / ME
Dxt / Dmt
Pity Pmt →

Step③ ERT

xD Mare
elastic → ✗ RYMER

If
;£%:ñ
fried with income to → So
Lt
P P of ppl
profits stagflation

#
-
-

cost push a- →
-

of
unemp
9 + P.PL
off
creditors worse laohigt
as RIRI →

- Savers &
It
functions of money eg
-

affect standard ofdeferred payments


negnaked
-
.

slate of D to
cause CAD as ✗

9 a- can
even

of CAD
-

FAS
② Preteens not met by
step it is
-
CAD is
ofdebt burden high9 ifforeign
+
reserves deplete


reliance
-

Local firms suffer


in
as
greater GDPt
ADI
on

import uvemp → →
+

also invite importedinflation


.

T CAD may
? Opinion w/
-

reason .

which is worse

Step③ Conclusion
stagflation
what
= .

causes

If eco

bad
for
facing
is

but
if
cost push a- →
CAD is ÉsstYthoIse
that
may
v. eco

default
so
to

=sRۃ
eco
cause can an

ER
Q: Step Define

I cpñ
Enplain DP
.

a-
step ②
step③ to in ER → t.tk/9Pm-DxtYDmto
DP a- 9
Mt
✗ 9-

TAD Raw
Imported
→ as

Pm in →
ER

materialbecomeenpeusme-coP9-cpa-T-Q. s e

Step④ t.in

Define Inflation
,

a) step①
of function money
.

step ② Describe
4

a- 9 →
which functions why affected
are
-

step③ If value AT → P P of
money
to Soul →

1) store of
-

:
T RIRI
-

t →

a) Means of deferred paymentcredit to


as a-

worseoff there is purchases



credits
hyperinflation

3) Medium of eachayet if
.
Q.li a) Step① Define inflation a- :-D Pot dc Pit
step ② Describe
2 of Tink
causes

Tin Praimaee-nie.PT → t.in AS ¥7s

¥
.

step③ "

( Diagram)
.

Cost push
-

☒,
a-

/ Rost

to in IR (
XMP ) → ↳ Blu
step ① + → IT /
CT
Borrowing thy firms / saving
ñ¥¥2¥I¥÷:÷÷¥¥;¥÷÷-
4s g. p ( definition
which includes
Fpd
2-3tools

MP used
to
)

policies eg
.

side
step ② Demand a- D Pñlu
to demand pull IAD →
.

TTY Mst → IAD


at →
-

CFP →
→ D Pitt
CMP IRT / →
at push a-
.
-

How S.s.pt cpñt


step③ 9 → Copt →
can

training
productivity
& edu
Copt

A ST →
cpñt
deliveries t→cPn-t

subsidies T →

Costoftrauspatd
-

9
development i. et a-

-

Infra
hnaluation
MP than CFP & →
conflicts but
conflicts
:

-

step 1- in GD Kemp
but s -
s -
Phone no

al R
cpñ there will process
.

will
-

cause
so 5
I

effective in L R
,

they 1- consuming& difficult conclusion


.
,
are

°
in CP a- is more
time
• .
Q.BG/StepDDefine9nflation+2causes
3-4 Internal consequences eupbie
Step ②
zeutunal 3) consequences captain
Step ③ 1) Bop/CAT 2) F- Rt
MNCs t

which is
→ It

worse ?
① Conclusion : -

cultural
step trade ,

dependant
on

If country
is
trade It inflates
consequence
Thseaiese .

If
then domestic consequences ,

is cost
push ,

- . Weight Price Juden weighted Sveen


"
p ¥: 20×1%-0×100=160 3200

4800
Q 3%0×100=60×19×100--80
' ✗
R ÷
"Izo✗ = too 2000

I 100 / 0000

CPI =

1%1-0=100
a-=
1%-1--00×100=01 ¥%µt
w=i

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