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Characteristics of inflation are:
Inflation involves a process of the persistent rise in prices. It involves rising trend in price level.
Inflation is a state of disequilibrium.
Inflation is scarcity oriented.
Inflation is dynamic in nature.
Inflationary price rise is persistent and irreversible.
Inflation is caused by excess demand in relation to supply of all types of goods and services.
Inflation is a purely monetary phenomenon.
Inflation is a post full employment phenomenon.
Inflation is a long-term process
Wiki User
∙ 9y ago
Wiki User
∙ 9y agothe general price of goods and services rises.
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Best describes a period of inflation?
A period of inflation is best described as follows: When prices are going up, but the value wages is remaining the same or decreasing.
Which best describes a period of inflation?
A period of inflation is best described as follows: When prices are going up, but the value wages is remaining the same or decreasing.
Which economic term describes a period of slow economic growth that also has inflation?
Recession
What best describes an increase in the general market prices of goods and services?
Inflation
Which of these statements best describes the econmoy during the late 1970s?
Inflation and Unemployment was high! :)
Best describes a period of inflation?
A period of inflation is best described as follows: When prices are going up, but the value wages is remaining the same or decreasing.
Which best describes a period of inflation?
A period of inflation is best described as follows: When prices are going up, but the value wages is remaining the same or decreasing.
Which economic term describes a period of slow economic growth that also has inflation?
Recession
What best describes an increase in the general market prices of goods and services?
Inflation
What terms best describes an increase in the general market prices of goods and services?
Inflation
Which of these statements best describes the econmoy during the late 1970s?
Inflation and Unemployment was high! :)
What best describes the Paleolithic period?
Long ago or old
What best describes the Mesozoic period?
My balls you Motherf***er
Which of the following terms best describes the period of the 1920s?
Essay
What word best describes people born in the same period of time?
comtemporys
What best describes the annuity period?
An Annuity has two Periods: Accumulation and Payout.
Reasonable monetary policy during a period of high inflation?
During times of high inflation, it is best to regulate the price increase of the retailers. Policies should include price regulation, and consumer control.
