Question
The situation in which the inflation rate is high, the
economic growth rate slows, and unemployment remains steadily high is known as?Solution
Reflation is the act of stimulating the economy by increasing the money supply or by reducing taxes, seeking to bring the economy (specifically price level) back up to the long-term trend, following a dip in the business cycle. It is the opposite of disinflation, which seeks to return the economy back down to the long-term trend. Stagflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. Skewflation refers to inflation in some commodities, deflation in others Deflation is a decrease in the general price level of goods and services. Deflation occurs when the inflation rate falls below 0% (a negative inflation rate).
The doctrine of Sustainable development was propounded in the case of?
Which of the following Articles of the Constitution provides for Finance Commission?
What does TACCP stands for?
Carefully read following statements: Mark the correct statement/s:
1. According to Section 34 of IPC requirement is of two persons whereas under...
What does "cartel" include as per the Competition Act ?
In case a company makes a default in transferring shares to the IEPF Fund, such company shall be liable for a penalty of __________________
What are the consequences of rescission of voidable contract as per the Contract Act?
According to the Aircraft Act of India, within what timeframe should a complaint be made under Section 12B from the date on which the offence came to th...
Summons may be served to the defendant in ___ days from the institution of suit.
What duty is imposed on an auditor of a credit information company according to the Credit Information Companies (Regulation) Act
