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Economics
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20 Oct 2020

Match the following items

List I                                                 List II

a. Stagflation                             (i) Rapid increase in prices

b. Unanticipated inflation            (ii) Stagnant growth and inflation

c. Hyperinflation                        (iii) Increase in price level at a faster pace than expected

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Macroeconomics
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Cost and Benefit of Inflation
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Vaishali Yadav
Vaishali YadavLv10
20 Oct 2020

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Related questions

Concerning the economy In the 1970s, which of the following is true?
 
(i) In the early 1970s, many Americans had to wait in long lines to purchase gasoline.
(ii) The economic condition known as stagflation was caused by stagnant economic growth and high inflation.
(iii) Pres. Gerald Ford's policies failed to revive the economy.
(iv) all of these
Which of the following characterizes stagflation? 
 
(i) An increase in both unemployment and inflation. 
(ii) An increase in unemployment but a decrease in inflation. 
(iii) A decrease in both unemployment and inflation. 
(iv) A decrease in unemployment but an increase in inflation.

Given the following information which one of the following choices has only correct statements:

I. If home inflation rate is lower than foreign inflation, exports of home country are likely to increase

II. Higher foreign growth is likely to increase home country exports and affect current account balance positively

III. If the home market productivity is slower than foreign market productivity, home country exports increase and affect current account balance positively.

IV. If home country savings decline, current account deficit declines

V. If home country investments increase, current account balance deteriorates

A. I, II, III

B. I, II, IV

C. II, III, IV

D. I, IV, V

E. I, II, V

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