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