A) surplus budget |
B) increase in taxation |
C) reduction in public expenditure |
D) all the above |
D) all the above |
1). Deficit financing creates additional paper currency to fill the gap between expenditure and revenue. This device aims at economic development but if it fails, it generates :
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2). A steady increase in the general level of prices as a result of excessive increase in aggregate demand as compared to aggregate supply is termed as :
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3). Which of the following are definite implications of a fall in inflation? 1. Prices have fallen 2. Prices are increasing more slowly than before 3. Food supply has increased 4. There is industrial stagnation
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4). Among the causes of inflation can be listed : 1. slow growth in agricultural output 2. increasing non-development expenditure of Government 3. rapid population growth 4. rapid growth in costly imports
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5). Among the remedies of inflation we cannot include :
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6). A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as :
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7). Inflationary Gap is a situation characterised by :
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8). Which of the following is wrongly matched?
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9). A high rate of inflation tends to worsen balance of payment because :
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10). The effect of inflation on tax revenue results in a situation known as :
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