Inflation
Quiz by Hina Antala
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- Q1
What do you mean by inflation?/
The general fall in price
The general rise in price
The general fall in demand
The general rise in price
30s - Q2
Demand-pull inflation means
Non of the above
Excess demand over the supply at the existing price
Excess demand over the supply at a high price
Excess demand over the supply at a low price
30s - Q3
What are the different factors contributing demand pul inflation?
Higher wage rate
Disposal income
Increase in foreign demand
Disposal income and increase in foreign demand
30s - Q4
The demand-pull inflation is also known as The monetary theory of inflation
True
False
30s - Q5
Cost-push inflation means
cost of production remain costant
None of the above
cost of production decreases
cost of production increases
30s