Economy, asked by tanu005, 6 months ago

Creeping inflation is regared essential for economic growth.Give reason.



please help me..​

Answers

Answered by Rishigaming
5

Answer:

(a) Creeping Inflation: When the rise in prices is very slow (less than 3% per annum) like that of a snail or creeper, it is called creeping inflation. Such anincrease in prices is regarded safe andessential for economic growth.

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