The period of high inflation and low economic growth is termed as ?

Related Mcqs:

Different workers or group of workers separate the production works and trade into__________processes. What this separation is called?

A. Divided Labor B. Closed shop C. Division of Labor D. Open shop...

What is referred a group of companies that cooperate and share resources in order to achieve a common objective ?

A. Consortium B. Pool C. Incorporation D. Conglomerate...

What is called the trade without restriction of tariffs, quotas, or foreign exchange controls ?

A. Open trade B. Free trade C. Open sky trade D. Easy trade...

Which is most likely to cause a more even distribution of income ?

A. An increase in indirect taxes B. An increase in managers salaries C. An increase in progressive taxation D. An increase in the rate of inflation...

Free port is ?

A. Where no export duties are levied B. Where no import duties are levied C. Where no expert or import duties are levied D. Where everything can be import or export...