Civil Engineering MCQJE Level Civil Engineering
While reviewing inflation meaning, which conclusion is correct? Avoid the common trap that inflation means zero money supply.
General AwarenessEconomyMEDIUM
Choose the correct answer
A
inflation is a sustained rise in the general price level
B
inflation is always negative
C
inflation is a fall in population
D
inflation means zero money supply
Correct Answer
A. inflation is a sustained rise in the general price level
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Inflation measures broad price rise. Correct option: A.
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This MCQ belongs to RRB JE Civil & Allied Engineering CBT-2 Full Mock Test Series. Full tests include timed attempts, rank comparison and subject-wise analysis.