The phenomenal rise in prices accompanied by increased real income is known as Archives - Management Notes

The phenomenal rise in prices accompanied by increased real income is known as

September 27, 2023August 13, 2023 by Bibisha Shiwakoti

The phenomenal rise in prices accompanied by increased real income is known as

The phenomenal rise in prices accompanied by increased real income is known as

1. inflation
2. deflation
3. reflation
4. None of the above

Correct Answer: Reflation