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An administered price is the price of a good or service as dictated by government or central authority as opposed to buyers and sellers interacting according to supply and demand. So inflation is not because of demand. Stagflation · When an economy faces double issues of high inflation & high unemployment simultaneously, it is termed as stagflation. · Example- US Economy experienced such inflation in 1970s. · This type of inflation falsify the conventional that exists a trade off between inflation & unemployment (expressed by Phillips Curve).
The capital of the Vajji Mahajanapada was ____________.
Which former executive of Care Ratings has been barred by SEBI from associating with any stock market intermediary for two years?
In what year did the EU and India launch their initiative for startups in Battery Recycling Technologies for Electric Vehicles (EVs)?
Which indigenously developed explosive was successfully tested by the Indian Navy, marking a significant achievement in India's defense self-reliance?
Shikhtila, Rapti and Chhoti Gandak are the tributaries of which of the following rivers?
What is the reproductive strategy called where parasites exploit the care of other individuals to raise their young?
Which statement is correct regarding the propagation of sound and light in different mediums?
I. Sound travels faster in water than in air.
<...The GST Council meeting discussed tax relief on:
In which districts of Uttar Pradesh, flowers are used to produce scents and perfumes?
Which bank has been assigned the Lead Bank Responsibility for the newly formed district of Maihar in the state of Madhya Pradesh?
