Description : Stagflation refers to a situation which is characterized by - (1) stagnant employment and deflation (2) deflation and rising unemployment (3) inflation and rising employment. (4) inflation and rising unemployment
Last Answer : (4) inflation and rising unemployment Explanation: Stagflation describes a situation where an inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high ... economic policy since actions designed to lower inflation may exacerbate unemployment, and vice versa.
Description : Stagflation is a situation of - (1) stagnation and deflation (2) stagnation and recession (3) stagnation and inflation (4) stagnation and recovery
Last Answer : (3) stagnation and inflation Explanation: Stagflation is a situation of stagnation in which the inflation rate is high, the economic growth rate slows down, and unemployment remains steadily high. Stagflation occurs ... t growing but prices are, which is not a good situation for a country to be in
Description : When too much money is chasing too few goods, the situation is - (1) deflation (2) inflation (3) recession (4) stagflation
Last Answer : (2) inflation Explanation: Demand-pull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross domestic product rises and ... few goods", since only money that is spent on goods and services can cause inflation.
Description : When too much money is chasing too few goods, the situation is - (1) Deflation (2) Inflation (3) Recession (4) Stagflation
Last Answer : (2) Inflation Explanation: Inflation occurs when too much money is chasing too few goods. The prevailing view in mainstream economics is that inflation is caused by the interaction of the supply of ... prices is a result from an increase in the supply of money by central banking authorities.
Description : Stagflation is a situation of (1) stagnation and deflation (2) stagnation and recession (3) stagnation and inflation (4) stagnation and recovery
Last Answer : stagnation and inflation
Description : When too much money is chasing too few goods, the situation is (1) deflation (2) inflation (3) recession (4) stagflation
Last Answer : inflation
Description : Pump priming should be resorted to at a time of? (1) Inflation (2) Deflation (3) Stagflation (4) Reflation
Last Answer : (2) Deflation Explanation: Pump priming is the action taken to stimulate an economy, usually during a recessionary/deflationary period, through government spending, and interest rate and tax reductions. ... the injection of funds, with the goal of prompting higher demand for goods and services.
Description : Pump priming should be resorted to at a time of ? (1) Inflation (2) Deflation (3) Stagflation (4) Reflation
Last Answer : Deflation
Description : Deflation is a situation in which - (1) The value of money is falling. (2) The price of goods is increasing. (3) The value of money is increasing. (4) The price level is stagnant.
Last Answer : (3) The value of money is increasing. Explanation: Deflation is a situation where the prices of goods and commodities in a country go down. i.e., there is negative inflation. This is caused ... conversely, deflation increases the real value of money - the currency of a national or regional economy.
Description : Deflation is a situation in which (1) The value of money is falling. (2) The price of goods is increasing. (3) The value of money is increasing. (4) The price level is stagnant.
Last Answer : The value of money is increasing.
Description : Economic growth is normally coupled with? A. Inflation B. Hyper Inflation C. Deflation D. Stagflation
Last Answer : A. Inflation
Description : The term stagflation refers to a situation where - (1) growth has no relation with the change in prices (2) rate of growth and prices both are decreasing (3) rate of growth in faster than the rate of price increase (4) rate of growth is slower than the rate of price increase
Last Answer : (4) rate of growth is slower than the rate of price increase Explanation: In economics, stagflation is a situation in which the inflation rate is high, the economic growth rate slows ... developed countries. For these countries, including the U.S., stag-nation increased the inflationary effects.
Description : The term stagflation refers to a situation where (1) growth has no relation with the change in prices (2) rate of growth and prices both are decreasing (3) rate of growth in faster than the rate of price increase (4) rate of growth is slower than the rate of price increase
Last Answer : rate of growth is slower than the rate of price increase
Description : Inflation is a situation characterised by (1) Too much money chasing too few goods (2) Too few money chasing too much goods (3) Too many people chasing too few goods (4) Too many people chasing too little money
Last Answer : Too much money chasing too few goods
Description : Okun’s law shows the relationship between the following : (a) Unemployment and Growth (b) Employment and Growth (c) Tax rate and Tax revenue (d) Inflation and Employment
Last Answer : (a) Unemployment and Growth
Description : Is deflation "worse" than inflation?
Last Answer : When you are in a period of deflation people hold off buying goods and services on the sure knowledge that if they wait a while those goods will be available at a lower price. This then decreases ... burnt bank notes to keep warm as they were so worthless in comparison to wood and coal as fuel.
Description : Beyond a certain point deficit financing will certainly lead to - (1) inflation (2) deflation (3) recession (4) economic stagnation
Last Answer : (1) inflation Explanation: Deficit financing is a practice in which a government spends more money than it receives as revenue, the difference being made up by borrowing or minting new funds ... increasing the money supply and the purchasing power of the people which increases the aggregate demand.
Description : Beyond a certain point deficit financing will certainly lead to (1) inflation (2) deflation (3) recession (4) economic stagnation
Description : Full employment is a situation where - (1) there is no involuntary unemployment (2) there is involuntary unemployment (3) there is no voluntary unemployment (4) there is voluntary unemployment
Last Answer : (2) there is involuntary unemployment Explanation: Full employment refers to a situation in which every able bodied person who is willing to work at the prevailing rate of wages is, in fact, employed. It ... which occurs when those who are willing to work at the going wage rate do not get work.
Description : Full employment is a situation where (1) there is no involuntary unemployment (2) there is involuntary unemployment (3) there is no voluntary unemployment (4) there is voluntary unemployment
Last Answer : there is involuntary unemployment
Description : What percentage change do you observe in the primary sector in the field of employment? (a) Increase by 11% (b) Increase by 61% (c) Decrease by 11% (d) Remains stagnant
Last Answer : (c) Decrease by 11%
Description : Indian agriculture is facing the following major problems. Which is NOT CORRECT? (a) Land degradation (b) Rising population (c) Lack of bullock power (d) Stagnant cultivable area
Last Answer : (c) Lack of bullock power
Description : What is the situation with increasing unemployment and inflation termed? -General Knowledge
Last Answer : The answer is 'Stagflation'
Last Answer : answer:
Description : What is the situation with increasing unemployment and inflation termed?
Last Answer : Stagflation
Description : Which curve shows the inverse relationship between unemployment and inflation rates? (1) Supply curve (2) Indifference curve (3) IS curve (4) Phillips curve
Last Answer : (4) Phillips curve Explanation: The Phillips curve shows the inverse relationship between inflation and unemployment: as unemployment decreases, inflation increases. The relationship, however, is not linear. Graphically, ... unemployment rate is on the x-axis and the inflation rate is on the y-axis.
Description : Lorenz curve shows - (1) Inflation (2) Unemployment (3) Income distribution (4) Poverty
Last Answer : (3) Income distribution Explanation: In economics, the Lorenz curve is a graphical representation of the distribution of income or of wealth. It was developed by Max O. Lorenz in 1905 for ... of wealth distribution; the Lorenz curve lies beneath it, showing the reality of wealth distribution.
Description : Countries that depend mainly on the export of primary products for their income, are prone to - (1) inflation (2) economic instability (3) increasing unemployment (4) stable economic growth
Last Answer : (3) increasing unemployment Explanation: Most of the world's poorest countries depend for increasing export earnings on agricultural products that are vulnerable to fluctuating or declining terms of ... primary products were hit particularly hard by falling commodity prices between 1980 and 1984.
Description : The balance of payments equals (a) The difference between household spending over earnings (b) The difference between government expenditure over its income © A measure of the value of economic ... a country and rest of the world (d) The difference between inflation and unemployment.
Last Answer : © A measure of the value of economic transactions between residents of a country and rest of the world
Description : Countries that depend mainly on the export of primary products for their income, are prone to (1) inflation (2) economic instability (3) increasing unemployment (4) stable economic growth
Last Answer : increasing unemployment
Description : Lorenz curve shows (1) Inflation (2) Unemployment (3) Income distribution (4) Poverty
Last Answer : Income distribution
Description : Which curve shows the inverse relationship between unemployment and inflation rates ? (1) Supply curve (2) Indifference curve (3) IS curve (4) Phillips curve
Last Answer : Phillips curve
Description : What is the difference between inflation and deflation?
Last Answer : I don’t think there is any difference, they are the same.
Description : Development means economic growth plus (1) Inflation (2) Deflation (3) Price stability (4) Social change
Last Answer : (4) Social change
Description : In India, Inflation measured by the : A. National Income Deflation B. Wholesale Price Index number C. Consumer Price Index D. None of above
Last Answer : C. Consumer Price Index
Description : Development means economic growth with: A. Price Stability B. Social Change C. Inflation D. Deflation
Last Answer : B. Social Change
Description : The function of a government by which it seeks to seek a balance of employment, demand-supply, and inflation, is known as: a) Distribution function b) Allocation function c) Stabilization d) Protection
Last Answer : c) Stabilization
Description : 7. Which of the following statements is/are true? a. Business Investment Spending occurs when individuals buy stock in the stock market b. Productivity is the United States grew very slowly ... unemployment rate is too high d. Full employment occurs when there is no frictional unemployment
Last Answer : b. Productivity is the United States grew very slowly between 1973 and 1996
Description : The opportunity cost of consumption is (a) Lack of capital formation for future ; (b) Greater investment ; (c) Full employment ; (d) Deflation
Last Answer : (a) Lack of capital formation for future ;
Description : Inflation is a situation characterized by (1) Too much money chasing too few goods (2) Too few money chasing too much goods (3) Too many people chasing too few goods (4) Too many people chasing too little money
Last Answer : (1) Too much money chasing too few goods Explanation: Demand-pull inflation is asserted to arise when aggregate demand in an economy outpaces aggregate supply. It involves inflation rising as real gross ... the Phillips curve. This is commonly described as "too much money chasing too few goods."
Description : Disguised unemployment refers to the situation when (a) Marginal Productivity of the surplus workers is zero (b) Marginal productivity of the surplus workers is less than average productivity ( ... surplus workers is falling sharply (d) Marginal productivity of the surplus workers is falling sharply
Last Answer : (a) Marginal Productivity of the surplus workers is zero
Description : Consumptions function refers to - (1) relationship between income and employment (2) relationship between savings and investment (3) relationship between input and output (4) relationship between income and consumption
Last Answer : (4) relationship between income and consumption Explanation: The Consumption function is a single mathematical function used to express consumer spending. It was developed by John Maynard Keynes and ... by current income and induced consumption that is influenced by the economy's income level.
Description : Consumptions function refers to (1) relationship between income and employment (2) relationship between savings and investment (3) relationship between input and output (4) relationship between income and consumption
Last Answer : relationship between income and consumption
Description : I am a twenty year old and am feeling bored and stagnant with my current situation, how do you suppose I broaden my horizons?
Last Answer : You might want to limit the length of the question, and put some into the details section. Also, reading Hemingway while not drinking is illegal in New York.
Description : A situation in which more persons are employed in a job than are optimally required is: (a) Structural unemployment (b) Disguised unemployment (c) Cyclical unemployment (d) Seasonal unemployment
Last Answer : (b) Disguised unemployment
Description : 'Take-off stage' in an economy means - (1) Steady growth begins. (2) Economy is stagnant. (3) Economy is about to collapse. (4) All controls are removed.
Last Answer : (1) Steady growth begins. Explanation: Rostow's 'Stages of Economic Growth' (1960) presented five stages through which all countries must pass to become developed: 1) traditional ... which industrialization begins to occur, and workers and institutions become concentrated around a new industry.
Description : ‘Take-off stage’ in an economy means (1) Steady growth begins. (2) Economy is stagnant. (3) Economy is about to collapse. (4) All controls are removed.
Last Answer : Steady growth begins.
Description : In case of rising prices (inflation), LIFO will: (a) provide lowest value of closing stock and profit (b) provide highest value of closing stock and profit (c) provide highest value ... but lowest value of profit (d) provide highest value of profit but lowest value of closing stock
Last Answer : (a) provide lowest value of closing stock and profit