If high unemployment goes hand in hand with rising prices, the situation created is
Hyperinflation
Stagflation
Moderate inflation
Galloping inflation
Correct answer is B
No explanation has been provided for this answer.
Bills of exchange originates from a
Central bank
Commercial bank
Community bank
Development bank
Correct answer is B
No explanation has been provided for this answer.
Charity
Safe keeping
Profit making
Speculative purposes
Correct answer is D
No explanation has been provided for this answer.
The relationship between the value of money and the price level is
Direct
Unpredictable
Diverse
Inverse
Correct answer is D
No explanation has been provided for this answer.
Inflation which is caused mainly increases in the prices of factors of production is described as?
Cost-push inflation
Demand-pull inflation
Crawling inflation
Spiral inflation
Correct answer is A
No explanation has been provided for this answer.