Browsing Category
Personal financial planning Financial planning, as words, means something about finance or personal finance. In everyday life, people always talk about handling or managing money for future needs. Every person who is earning a billion or thousand needs to manage money on their part. It depends on person to person how they invest, save, and …
Understand inflation Inflationis a critical economic phenomenon characterized by a rapid rise in the general price level, which results in a notable decline in the value of money.**Types of Inflation:**1. Demand-pull effect2. Cost-push inflation3. Built-in inflation4. Creeping inflation5. Moderate inflation6. Suppressed inflation7. Hyperinflation **Causes of Inflation: action indicates a sustained decline in real money balances. …