ExamCompetition Forum Question Papers Ask A Question Mock Test Learn & Earn Sign Up Login Menu



0 vote

Economic growth is usually coupled with ________. 

Asked on by | Votes 0 | Views: 53 | Tags: banking financial awareness     | general knowledge     | Add Bounty

Economic growth is usually coupled with ________. 
1). Deflation
2). Inflation
3). Stagflation
4). Hyper inflation


Share on Facebook      Share on Whatsapp       Share on Twitter




1 answers

0 vote
Answered by on | Votes 0 |
  • Inflation is a good indicator of economic growth because whenever there is economic growth, the wealth of the people of the country also increases.
  • Due to increase in wealth, the spending increases. As the spending increases, the demand increases leading to increase in price causing inflation.

 

Term

Meaning

De?ation

Deflation occurs when the inflation rate falls below 0% (a negative inflation rate

Stag?ation

situation where the inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high

Hyper in?ation

Very high inflation

Join Telegram Group




Answer This Question

Name:
Email:
Answer :
Sum of (2+1)
Submit: