Q511
For specific basket of goods and services, rise in price on continual basis is considered as
A.
fall in globalization
B.
rise in globalization
C.
rise in demand
D.
inflation
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
For specific basket of goods and services, rise in price on continual basis is considered as inflation. For specific basket of goods and services, rise in price on continual basis is considered as inflation.