Sail E0 Webinar
Question
If price drops and people are not willing to pay increased prices despite having more money, this leads to inflation.
Options:
A .  True
B .  False
C .  Base Rate
D .  None of these
Answer: Option B
:
B
If prices increase, then this will be counted as inflation. If people don’t want to buy goods, this is another issue. Inflation measures the price of goods in shops.

Was this answer helpful ?
Next Question

Submit Solution

Your email address will not be published. Required fields are marked *

Latest Videos

Latest Test Papers