CPM, which stands for Cost-Per-Mille (Mille is Latin for âthousandâ), is when the price is based on 1,000 impressions.
What causes inflation is also a key argument in economic theory. Some economists believe that there are different types of inflation â cost-push and demand-pull inflation. Cost-push inflation is supposed to be a type of inflation caused by rising prices in goods or services with no suitable alternatives. An oft-cited example of this inflation is the oil crisis of the 1970s.
Generally, inflation takes place in an economy when demand for goods and services exceeds the supply of output. Therefore, causes of inflation have two sides, the demand side and supply side. The various causes of inflation are as follows: (a) Increase in demand: Takes place due to the following factors: i.