The phenomenon of a continuous decrease in prices of goods and services in the economy is, known as ?

Related MCQs

• is defined as a sustained increase in the general level of prices for goods and services.
• Short-term assets, representing amounts due to a vendor or suppliers of goods or services that were sold on credit terms is known as .
• Goods and Services Tax (GST), would replace which of the following taxes level at present?
• Goods and services tax would replace which tax?
• The inflation led by rising food prices caused by increased demand for agricultural commodities is called –
• Which among the following decides the oil Prices in India?
• Lack of access to financial services is technically known as              
• A collection of non-bank financial intermediaries that provide services similar to traditional commercial banks is known as
• To control inflationary situation in the economy, RBI can increase one or more of these monetary tool?
• Closed Economy is one in which :