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Inflation: Problem and Policies
- Online Test
Inflation: Problem and Policies
TEST : 4
# Inflation: Problem and Policies
# CBSE 11th Economics
Prepare / Learn
Q1.
A good that cost rs 100 in may 2007 cost 125 by may 2008 what is the rate of inflation
A.
0.25
B.
0.5
C.
0.9
D.
0.75
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# Inflation: Problem and Policies
# CBSE 11th Economics
Prepare / Learn
Q2.
Which of the following is an example of hyperinflation
A.
Value of money fall by 4 %
B.
Price of goods rise by 2000 %
C.
None
D.
Both
View Solution
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Answer :
Option B
Explaination / Solution:
No Explaination.
# Inflation: Problem and Policies
# CBSE 11th Economics
Prepare / Learn
Q3.
A situation when price and unemployment rise together
A.
Stagflation
B.
Galloping inflation
C.
Recession
D.
Hyperinflation
View Solution
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Answer :
Option A
Explaination / Solution:
No Explaination.
# Inflation: Problem and Policies
# CBSE 11th Economics
Prepare / Learn
Q4.
While construction e RPI which is not used
A.
Base year
B.
Exchange rate
C.
Weight
D.
Bucket of commodities
View Solution
Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# Inflation: Problem and Policies
# CBSE 11th Economics
Prepare / Learn
Q5.
Long run solution of inflation lies in
A.
Enhancing supply
B.
Both
C.
None
D.
Controlling demand
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Add Work Space
Answer :
Option A
Explaination / Solution:
No Explaination.
# Inflation: Problem and Policies
# CBSE 11th Economics
Prepare / Learn
Q6.
Which of the following action of govt not lead to inflation
A.
Increase in govt expenditure
B.
Increase in interest rate
C.
Printing new currency notes
D.
Passing strict environment law
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Answer :
Option D
Explaination / Solution:
No Explaination.
# Inflation: Problem and Policies
# CBSE 11th Economics
Prepare / Learn
Q7.
Doses not cause inflation
A.
Inc in aggregate demand
B.
Depreciation on the value of currency
C.
Inc in cost of production
D.
Increased taxes
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
# Inflation: Problem and Policies
# CBSE 11th Economics
Prepare / Learn
Q8.
Which is mostly likely to suffer due to inflation
A.
None
B.
Pensioners
C.
Debtors
D.
Importers
View Solution
Add Work Space
Answer :
Option B
Explaination / Solution:
No Explaination.
# Inflation: Problem and Policies
# CBSE 11th Economics
Prepare / Learn
Q9.
Who is likely to gain from inflation
A.
Non-unionised workers
B.
None
C.
Pensioners
D.
Debtors
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
# Inflation: Problem and Policies
# CBSE 11th Economics
Prepare / Learn
Q10.
Which is not true about inflation
A.
None
B.
Real increase fall
C.
Purchasing power fall
D.
Nominal income increase
View Solution
Add Work Space
Answer :
Option D
Explaination / Solution:
No Explaination.
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