Q: Define Inflation.
A:The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation.
Q: Define Deflation.
A: When the overall price level decreases so that inflation rate becomes negative, it is called deflation. It is the opposite of the often-encountered inflation.
Q:Define Stagflation.
A:an inflationary period accompanied by rising unemployment and lack of growth in consumer demand and business activity.
Q:Define Reflation.
A:Reflation is the act of stimulating the economy by increasing the money supply or by reducing taxes, seeking to bring the economy (specifically price level) back up to the long-term trend, following a dip in the business cycle.
Q:Define Agflation.
A:rising food prices caused by increased demand for agricultural commodities.
Q:Define Disinflation.
A:Disinflation is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time. It is the opposite of reflation.
Q:Define Hyperdeflation.
A: An extremely large and relatively quick level of deflation in an economy. Hyperdeflation occurs when the general price level of goods or services in an economy falls drastically in a short period of time, causing the real value of a currency to actually increase in that time.
A:The rate at which the general level of prices for goods and services is rising, and, subsequently, purchasing power is falling. Central banks attempt to stop severe inflation, along with severe deflation.
Q: Define Deflation.
A: When the overall price level decreases so that inflation rate becomes negative, it is called deflation. It is the opposite of the often-encountered inflation.
Q:Define Stagflation.
A:an inflationary period accompanied by rising unemployment and lack of growth in consumer demand and business activity.
Q:Define Reflation.
A:Reflation is the act of stimulating the economy by increasing the money supply or by reducing taxes, seeking to bring the economy (specifically price level) back up to the long-term trend, following a dip in the business cycle.
Q:Define Agflation.
A:rising food prices caused by increased demand for agricultural commodities.
Q:Define Disinflation.
A:Disinflation is a decrease in the rate of inflation – a slowdown in the rate of increase of the general price level of goods and services in a nation's gross domestic product over time. It is the opposite of reflation.
Q:Define Hyperdeflation.
A: An extremely large and relatively quick level of deflation in an economy. Hyperdeflation occurs when the general price level of goods or services in an economy falls drastically in a short period of time, causing the real value of a currency to actually increase in that time.
Anil Aggarwal
Owner & Manager at Anil Aggarwal Coaching
(A proprietorship concern for IBPS exam guidance and Bank Interview preparation)
Mobile: +91 9811340788
E-mail ID: anilakshita@yahoo.co.in
expertanil@gmail.com
Office: Flat #49, Trilok Apartments, Patparganj, I.P. Extension, Delhi-110092.
Follow us at:
Facebook Page: https://www.facebook.com/AnilAggarwalJobguidancehub
Website: http://bankinterview.in/
No comments:
Post a Comment