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प्रश्न
Why is creeping inflation considered good for an economy?
Creeping inflation is regarded essential for economic growth. Give reasons.
A mild inflation is beneficial for economic growth. Justify the statement.
उत्तर १
It is regarded as safe and essential for growth because it keeps the economy away from stagnation.
उत्तर २
A mild inflation or creeping inflation is beneficial for economic growth. Increasing prices of goods and services generally lead to an increase in the profit margin. This induces the producers to undertake more investment. As a result, the level of output and employment increases in the economy. In this way, mild inflation is regarded as essential for economic growth.
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संबंधित प्रश्न
Explain any one factor that affects the supply of a commodity.
What is meant by cost-push inflation?
Why is supply directly proportional to price?
What is inflation impact on debtors?
Explain the following:
Walking inflation
Define supply.
Give two differences between recurring deposits and fixed deposits.
Supply always refers to a specific desired quantity which a seller is willing to ______
Which of the following statement is not true?
In economics demand and price have ______ relationship.
