Advertisements
Advertisements
प्रश्न
Purchasing power of money falls when ______.
पर्याय
Prices decrease
Prices increase
Income increases
Supply of money falls
Advertisements
उत्तर
Purchasing power of money falls when Prices increase.
Explanation:
When prices rise, the purchasing power of money decreases because you can buy less for the same money. Inflation raises prices, reducing the real value or purchasing power of money.
APPEARS IN
संबंधित प्रश्न
Answer the following :
What are the Non - economic effects of inflation?
The debt which yields income to the government is called as ______.
______ are worst affected during the period of inflation.
Which of the following section of the society is most adversely affected by inflation?
State the effect of inflation on creditors.
Why do producers gain in the short run during inflation?
Discuss the effects of inflation on production.
How does inflation affect the following?
Debtors and creditors
How does inflation affect the following?
Farmers
Which section of the society is worst affected during inflation? Why?
