The triangle model splits this phenomenon into built-in, demand-pull, and cost-push types, while its inverse relationship to unemployment was plotted by the inaccurate Phillips curve.
The triangle model splits this phenomenon into built-in, demand-pull, and cost-push types, while its inverse relationship to unemployment was plotted by the inaccurate Phillips curve. Its rate is usually measured using a basket of frequently-purchased goods called the Consumer Price Index. Often mistaken for depreciation, its "hyper" variety occurred in the Weimar Republic and Zimbabwe.  For 10 points, give this economic term that describes a general increase in prices.
The triangle model splits this phenomenon into built-in, demand-pull, and cost-push types, while its inverse relationship to unemployment was plotted by the inaccurate Phillips curve.
inflation