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MONEY AND INFLATION — Economics STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceEconomicsMONEY AND INFLATION1 Mark
Question
State the characteristics of inflation.
✓

Answer

Following are the characteristics of inflation.
$(1)$ Persistent there is increase in price.
$(2)$ Increase in prices in all sectors.
$(3)$ Decrease in the value of money.
$(4)$ During full employment situation the price rise leads to pure inflation.
$(5)$ Inflation is an economic and financial problem.

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