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प्रश्न
Define the term ‘Inflation’
व्याख्या
उत्तर
Inflation refers to a steady increase in the general price level. Estimating the general price level by constructing various price index numbers such as wholesale Price. Index, Consumer Price Index, etc, are needed.
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संबंधित प्रश्न
Explain the scope of Macro economics.
Identify the other name for Macro Economics.
A steady increase in general price level is termed as_________.
Identify the necessity of Economic policies.
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Find the odd word out:
Scope of macroeconomics:
Concepts studied under Macro economics.
- Whole economy
- Economic development
- Aggregate supply
- Product pricing
Concepts studied under Micro economics.
- National income
- General price level
- Factor pricing
- Product pricing
