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प्रश्न
Define inflation.
उत्तर
Inflation is a consistent and appreciable rise in the general price level. In other words, inflation is the rate at which the general level of prices for goods and services is rising and consequently the purchasing power of currency is falling. “Too much of money chasing too few goods” – Coulbourn “A state of abnormal increase in the quantity of purchasing power” – Gregory
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संबंधित प्रश्न
Inflation means ______.
__________ inflation results in a serious depreciation of the value of money.
__________ inflation occurs when the general prices of commodities increase due to an increase in production costs such as wages and raw materials.
During inflation, who are the gainers?
When prices rise slowly, we call it ______.
__________ inflation is in no way dangerous to the economy.
Write the types of inflation.
Explain Demand-pull and Cost-push inflation.
What are the causes and effects of inflation on the economy?