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प्रश्न
Explain the following:
Creeping inflation
Define creeping inflation.
उत्तर १
Creeping inflation is inflation where the price level increases at a very slow rate of 2 to 2.5 percent per annum.
उत्तर २
It refers to inflation, in which prices rise very slowly. Such inflation is not bad for the economy. Some economists believe that a 3% increase in prices is creeping inflation.
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संबंधित प्रश्न
A list of goods is given below. Stale whether it is fixed capital or circulating capital
- Machines
- Raw material
- Fuel
- Office furniture
Why is creeping inflation considered good for an economy?
Define supply.
Explain four causes of inflation.
Discuss the effects of inflation on Producers.
Give two assumptions of the law of supply.
Supply always refers to a specific desired quantity which a seller is willing to ______
The demand curve which indicates the inverse relationship between price and demand ______.
What will be the effect of raising production subsidies on the supply of a commodity?
In the percentage increase in the quantity of a commodity is smaller than the percentage fall in its price, the coefficient of price elasticity of demand is ______.
