Which of the following can be the outcomes of very high inflation in the economy?
(1) Reduction in economic growth
(2) Increase in savings
(3) Reduction in exports
Select the correct answer using the codes below :
Inflation is a persistent increase in the general price level of goods and services in an economy over a period of time . When the general price level rises, each unit of currency buys fewer goods and services. Consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value .High inflation means excessive supply of money and thus leads to rise in the cost of credit and interest rates.
Which of the following is a physical change?
The absolute value of the charge on electron was determined by-
The major constituent of air is
The pH of a neutral solution is —
The major component of honey is-
Milk tastes sour when kept in the open for sometimes due to the formation of-
The element used for making solar cells is
The pH of a neutral solution is —
The element used in the manufacture of safety matches is —
The gas used for filling weather balloons is-