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International Financial Management: An Analytical Framework
book

International Financial Management: An Analytical Framework

by Shaikh Saleem
January 2015
Intermediate to advanced content levelIntermediate to advanced
920 pages
37h 2m
English
Pearson Education India
Content preview from International Financial Management: An Analytical Framework

CHAPTER 13

Inflation

MEANING AND DEFINITION OF INFLATION

‘Inflation’ is commonly understood as a situation of substantial and rapid general increase in the level of prices and consequent deterioration in the value of money over a period of time. The behaviour of general prices is measured through price indices. The trend of price indices reveals the course of inflation or deflation in the economy. As Lerner says, ‘a price rise which is ...

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Publisher Resources

ISBN: 9789389588156