What is called increased demand for a limited supply of goods and service result of which is increase in consumer prices ?

Related Mcqs:

What is the cost effective ?

A. Cheap things B. Substandard things C. Economical in terms of the goods or services received for the money spent D. Free in terms of the goods or services received for the money spent...

Which of the following is indicated by the term unemployed ?

A. Employed only part time when one needs full time employment B. Inadequately employed C. Note fully used or employed D. All of them...

China is the chief exporter of_______________?

A. Rubber B. Manganese’s C. Rice D. Gold...

Debenture holders of a company are its_______________?

A. Shareholders B. Creditors C. Debtors D. Directors...

What is referred by cost push inflation ?

A. Decreased production costs drive prices up B. Decreased production costs drive prices down C. increased production costs drive prices down D. increased production costs drive prices up...