For the specific basket of goods and services, the rise in the price on continual basis is considered as ____________?
Correct answer: D. inflation
- A. fall in globalization
- B. rise in globalization
- C. rise in demand
- D. inflation
Explanation
Inflation is a sustained rise in the general price level of a selected basket of goods and services. A one-time price increase is not normally enough to establish inflation.
Report an error
The more specific you are, the faster it gets fixed. A source beats an opinion.
Prefer email? support@testustad.com
About Business Finance
Business finance explains how organisations plan, obtain and use money while balancing risk, return and liquidity. Topics include financial statements, time value of money, budgeting, working capital, capital structure, sources of finance, investment appraisal and cost of capital. Capital budgeting evaluates long-term projects, whereas working capital manages day-to-day operations.
Practise Business Finance
975 free Business Finance MCQs from Management Sciences, each with the correct answer and an explanation. Unlimited attempts, no account needed.
Exams that ask Management Sciences questions like this
Management Sciences is on 2 papers prepared for on TestUstad, and all of them draw the same bank, so this question is worth knowing for every one of them.
More Business Finance questions
If the equilibrium interest rate decreases with respect to decrease in interest rate, then the movement along the supply of funds curve is __________?
The monetary expansion decreases and there is an increase in equilibrium interest rate then supply curve of funds must shift _____________?
The interest rate considering compounding of interest rate and is earned in 12 months, is considered as _____________?
The funds demand which is pushed by users of funds in the financial markets are classified as _________?
The monetary expansion increases and gives way to a decrease in equilibrium interest rate, then supply curve of funds must shift ___________?
The formula of effective annual return is written as _____________?