Other questions in this quiz

2. What is the key objective of the UK govt.?

  • To achieve low rate of deflation.
  • To achieve low rate of inflation.
  • To achieve high rate of deflation.
  • To achieve high rate of inflation.

3. Decrease in growth is....

  • Disinflation
  • Recession
  • Deflation
  • Inflation

4. From 2% to 1% in the next year, it is....

  • Unflation
  • Inflation
  • Disinflation
  • Deflation

5. What is Inflation?

  • Increase in price level
  • Decrease in average general price
  • Increase in average general price level
  • Increase in general price

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