App Logo

No.1 PSC Learning App

1M+ Downloads
A persistent fall in the general price level of goods and services is known as:

ADeflation

BDisinflation

CStagflation

DDepression

Answer:

A. Deflation

Read Explanation:

.


Related Questions:

Absolute poverty means

What are the primary objectives of the public sector in India?

  1. To provide essential services to citizens at affordable rates
  2. To ensure equitable distribution of wealth in the economy
  3. To foster competition and market growth
  4. To maintain a balance between public and private sector enterprises
    Which of the following combinations is correct?
    Devaluation of Indian Rupee in terms of US Dollar was in the year.
    Mahalanobis model has been associated with five year plan