Advertisements
Advertisements
Question
Answer the following question in one or two sentences:
How does inflation affect moral values?
Solution
1. Some businessman resorts to adulteration, hoarding and quality deterioration (decline).
2. Thus, inflation adversely affects moral values.
APPEARS IN
RELATED QUESTIONS
Define inflation.
Explain its impact on the producers and salaried class.
Briefly explain three determinants of Cost-push inflation.
Inflation means __________ rise in price.
What is galloping inflation?
Read the extract given below and answer the questions that follow:
|
ET Bureau, Aug 01, 2022 Food prices may not ease this fiscal deficit and can throw India’s monetary policy makers a tougher challenge in bringing down inflation and anchoring inflation expectation, Crisil said on Monday. The recent rise in food inflation is mainly supply shortages-led, driven by both global geopolitical conflicts and impact of local heat waves. Other factors such as rising input costs in agricultural production have played their part too. The surge in food prices is accompanied by high fuel and core inflation following the? Russia- Ukraine war, keeping inflation consistently above the Reserve Bank of India's upper target band of 6% for the past few months. “This has put monetary policy in a quandary and made it imperative for the central bank to look closely at factors pushing up food prices.” Crisil said, predicting overall CPI inflation at 6.8% and food inflation at 7% for the current fiscal. |
-
- What is meant by inflation? 2
- How is creeping inflation different from waling inflation? 2
- Explain the impact of inflation on: 3
- Wage earners and salaried class
- The investors
-
- What do you mean by division of labour? 2
- Explain any two advantages of division of labour. 3
- 'Labour as a factor of production differs from other factors of production.’ In this context explain any two features of labour. 2
The income of a person who carries the risk bearing function is called as ______.
Observe the relationship of the first pair of words and complete the second pair.
During inflation the debtors gain and ______ lose.
With reference to the picture given below answer the questions that follow:
- Define the concept.
- Explain any three types of the concept.
Identify the incorrect statement from the following:
