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प्रश्न
When the general price level increases by 10% to 20% per annum, then it will be called:
उत्तर
- When the general price level increases by 10% to 20% per annum, it is called running inflation.
- Running inflation is defined as a relatively quick price increase, which can impact purchasing power and economic stability but is less severe than hyperinflation.
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संबंधित प्रश्न
'A state of running or hyperinflation in any economy is very harmful for production'. Justify the statement with two reasons.
What is walking inflation?
What is the meaning of creeping inflation?
Study the relationship in the first pair of words and complete the second pair.
- Creeping inflation: The rate of inflation is 1% to 2% per annum.
- Running inflation: The rate of inflation is ______ per annum.
______ refers to a situation where prices rises very slowly.
______ inflation occurs when prices rise at a very fast rate from more than 20% to 100 percent or more per annum.
When the general price level increases by 10% to 20% per annum, then it will be called:
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.
A moderate dose of inflation to necessary for the development of an economy. Briefly explain.
Explain creeping inflation impact on the economy?
