| Column I | Column II | ||
| (1) | A general and continuous rise in prices of things | a. | Recession |
| (2) | Things that have earning power or some value to their owner | b. | Inflation |
| (3) | A decline in the overall average level of prices | c. | Excise duty |
| (4) | A period of slow or negative economic growth usually accompanied by rising unemployment | d. | Assets |
| (5) | A tax payable on manufactured goods | e. | Deflation |
A) 1-d, 2-b, 3-e, 4-c, 5-a
B) 1-b, 2-d, 3-e, 4-a, 5-c
C) 1-a, 2-e, 3-d, 4-b, 5-c
D) 1-c, 2-a, 3-e, 4-d, 5-b
Correct Answer: B
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