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What is walking inflation? - Economic Applications

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प्रश्न

What is walking inflation?

थोडक्यात उत्तर

उत्तर

  1. Walking inflation is defined as an increase in the average price level of a commodity basket at a controlled rate that does not immediately threaten the stability of the economy.
  2. Walking inflation is the term used to describe inflation that falls between 3% and less than 10%. Although walking inflation is usually seen as a sign of a healthy economy, it might be concerning if it continues for an extended period of time. 
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Types of Inflation
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पाठ 10: Inflation - QUESTIONS [पृष्ठ २२५]

संबंधित प्रश्‍न

'A state of running or hyperinflation in any economy is very harmful for production'. Justify the statement with two reasons.


What is the meaning of creeping inflation?


Study the relationship in the first pair of words and complete the second pair.

  1. Creeping inflation: The rate of inflation is 1% to 2% per annum.
  2. Running inflation: The rate of inflation is ______ per annum.

______ inflation occurs when prices rise at a very fast rate from more than 20% to 100 percent or more per annum.


Match the following and select the correct option:

  Column A   Column B
(i) Inflation caused by demand pull factors A. Hyper inflation
(ii) Inflation caused by cost push factors B. Creeping inflation
(iii) First stage of inflation C. Cost push inflation inflation
(iv) Last stage of inflation D. Demand pull inflation

When the general price level increases by 10% to 20% per annum, then it will be called:


Choose the correct answers to the questions from the given options.

Assertion (A): There has been a significant increase in global airfares post Russia - Ukraine war.

Reason (R): Higher fuel prices in the international market due to war.


Read the following statement carefully and choose the correct alternative given below:

Assertion (A): Value of money falls during inflation.

Reason (R): Government employees are compensated for inflation by raising their dearness allowance.


What do you understand by hyper inflation?


A moderate dose of inflation to necessary for the development of an economy. Briefly explain.


Explain creeping inflation impact on the economy?


When the general price level increases by 10% to 20% per annum, then it will be called:


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