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.
The types of inflation based on the government's reaction or its degree of control: Image credits Â© Gaurav Akrani. 1  Open Inflation: When government does not attempt to restrict inflation, it is known as an Open Inflation. 2  In a free-market economy, where prices are allowed to take its course, Open Inflation occurs.