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Distinguish between running inflation and hyper inflation. - Economics

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प्रश्न

Distinguish between running inflation and hyper inflation.

अंतर स्पष्ट करें

उत्तर

  Running Inflation   Hyper Inflation
(i) When there is a rapid increase in prices in a very short period, it is called running or galloping inflation. (i) It refers to a situation when prices rise at an unexpected rate. There is an escalation of price rise.
(ii) Such an inflation has an adverse affect on the middle and poor classes. (ii) Such an inflation results into utter confusion in the economy. It completely wiped away fixed income groups and poor classes of society.
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अध्याय 13: Inflation - Exercise [पृष्ठ २००]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 13 Inflation
Exercise | Q 7. | पृष्ठ २००
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