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The selected types of inflation Source: Own study on the base of Fountas S., Karanasos M. (2007). Inflation, Output Growth, and Nominal and Real Uncertainty: Empirical Evidence for the G7. Journal of International Money and Finance 26(2): 235.

The selected types of inflation Source: Own study on the base of Fountas S., Karanasos M. (2007). Inflation, Output Growth, and Nominal and Real Uncertainty: Empirical Evidence for the G7. Journal of International Money and Finance 26(2): 235.

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... completely purchases less than it did in the previous periods. Often expressed as a percentage, inflation so presents a decline in the purchasing power of a nation's currency [Karanasov and Schurer, 2008]. Inflation can be contrasted with deflation, which occurs when prices instead decline. Below were presented the selected types of inflation (Fig. 1.). It should be mentioned that there are the following types of inflation: Cost-push inflation, Hyperinflation, Demand-pull inflation, Core inflation, Imported inflation, Wage ...

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