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प्रश्न
What is inflation?
Define inflation.
उत्तर
Inflation refers to a state of rise in the general price level.
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संबंधित प्रश्न
What are the functions of Money? and explain it.
What is Deflation?
Money performs both primary and secondary functions.
Identify a specific function of money which is related to future payments. State a reason.
Observe the relationship of the first pair of words and complete the second pair.
The primary function of money : Medium of exchange. The secondary function of money : ______.
______ are termed as Legal Tender Money.
‘Which function of money is most closely linked to saving?
How does money act as a measure of value?
How does money help in the distribution of national income?
Explain the transfer of value function of money.
Describe how money has removed the defects of the barter system.