Q.41)-Stagflation is a period of _____________.
- Persistent high inflation combined with high unemployment
- Persistent high inflation combined with low unemployment
- Persistent low inflation combined with high unemployment
- Persistent low inflation combined with low unemployment
Q.42)-Inflation exists when
- There is general increase in the prices over time
- There are periodic decreases in the price level
- There are continous increase in the output level over time
- There is rise in the purchasing value of money
Q.43)-In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _______________.
- Deflation
- Stagflation
- Recession
- Depression
Q.44)-An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by________________.
- Zero percent
- One percent
- 0.5 percent
- More than one percent
Q.45)-In which situation, wages and prices chase each other at a very quick speed?
- Disinflation
- Reflation
- Stagflation
- Hyper-inflation
Q.46)-What is moderate degree of controlled inflation called as?
- Reflation
- Stagflation
- Hyper-inflation
- Disinflation