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Inflation is a state of rising prices. - Economic Applications

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प्रश्न

Inflation is a state of rising prices.

विकल्प

  • True

  • False

MCQ
सत्य या असत्य

उत्तर

This statement is True.

Explanation:

Inflation is a state of rising prices in which the overall cost of goods and services rises over time, decreasing money's purchasing power.

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Characteristics of Inflation
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 10: Inflation - QUESTIONS [पृष्ठ २२४]

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गोयल ब्रदर्स प्रकाशन Economic Application [English] Class 10 ICSE
अध्याय 10 Inflation
QUESTIONS | Q 11. | पृष्ठ २२४
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