Question

When the general price level increases by 10% to 20% per annum, then it will be called:

विकल्प

• Hyper inflation

• Running inflation

• Walking inflation

• Creeping inflation

Answer 1

Running inflation

Explanation:

Running inflation happens when the general price level rises by 10% to 20% annually. It is faster than walking inflation, but less severe than hyperinflation.