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SSC Economics Sample Paper NCERT Sample Paper-3

  • question_answer
    Which one of the following is an economic phenomenon occurring when a country experiences high inflation for a prolonged period of time?

    A)  Headline inflation

    B)  Chronic deflation

    C)  Chronic inflation

    D)  Core inflation

    Correct Answer: C

    Solution :

    [c] Chronic inflation is an economic phenomenon occurring when a country experiences high inflation for a prolonged period of time (several years or decades) due to undue expansion or increase of the money supply.


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