1. The economic condition in which the rate at which the general level of prices for goods and services is rising and subsequently; purchasing power is falling is called?

Answer: Inflation

Reply

Type in
(Press Ctrl+g to toggle between English and the chosen language)

Comments

Tags
Show Similar Question And Answers
QA->The economic condition in which the rate at which the general level of prices for goods and services is rising and subsequently; purchasing power is falling is called?....
QA->Rising Prices ... immediate measures....
QA->Money value of goods and services producing in a country during a year is called?....
QA->A general decline in prices; often caused by a reduction in the supply of money or credit is called ?....
QA->As per the revised Goods and Services Tax (GST) norms, the GST on Haj and Kailash Mansarovar Yatra has been reduced from 18 per cent to how much per cent?....
MCQ->Statement: The economic condition continues to be critical even after a good harvest season. Assumptions: The economic condition was not critical before the harvest season. The economic condition could not have improved without a good harvest season. The economic condition was expected to improve after a good harvest season.

...
MCQ->Statements : All fares are prices. Some prices are costs. All costs are tariffs. Conclusions : I. Atleast some prices are tarriffs. II. All tariffs being prices is a possibility....
MCQ->India has suffered from persistent high inflation. Increase III administered prices, demand and supply imbalances, imported inflation aggravated by rupee depreciation, and speculation - have combined to keep high inflation going. If there is an element common to all of them, it is that many of them are the outcomes of economic reforms. India's vulnerability to the effects of changes in international prices has increased with trade liberalisation. The effort to reduce subsidies has resulted in a continuous increase in the prices of commodities that are administered. What is the most logical, rational and crucial message that is implied in the above passage?...
MCQ->The market condition when goods and services are not freely available and thus the prices are relatively high is called...
MCQ->Consider the following specific stages of demographic transition associated with economic development: 1. Low birth rate with low death rate 2. High birth rate with high death rate 3. High birth rate with low death rate Select the correct answer using the codes given below:...
Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions
Question ANSWER With Solution