what is mean inflation?
what is mean fiscal policy?
what is mean monetary policy?
what is mean gdp?
Answer Posted / suvajit dutta
inflation is a rise in the general level of prices of goods
and services in an economy over a period of time.[1] When
the general price level rises, each unit of currency buys
fewer goods and services. Consequently, inflation also
reflects an erosion in the purchasing power of money – a
loss of real value in the internal medium of exchange and
unit of account in the economy.[2][3] A chief measure of
price inflation is the inflation rate, the annualized
percentage change in a general price index (normally the
Consumer Price
| Is This Answer Correct ? | 10 Yes | 1 No |
Post New Answer View All Answers
What are the qualities of a good banker?
How can NPAs be reduced?
How do SEZs help in the economic development?
How many associate SBI have?
How software program for private equity is helpful?
What are the basic documents a person requires to open an account
What are term loans? What are the features of term loans?
Tell me about your Family background
Explain sale and lease back.
What is the role of small and medium enterprises in uplifting the economy?
Explain opportunity cost
What was the initial name of NITI Aayog?
What are direct instruments of monetary policy?
Why do you want to change your field?
The authorized capital of nabard in 2013 was raised up to what limit?