semiinflation is called as....
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The prices that rise until the level of full employment is termed as semi-inflation. When the money supply increases even after full employment has been attained, output remains same, and only the prices rise. Thus, inflation is defined as a state of continuous rise in general price of all commodities.
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THE PRICE THAT RISE UNTIL THE LEVEL OF FULL EMPLOYMENT IS TERMED AS SEMIINFLATATION.
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