what is inflation?

Answer Posted / bhasker

"too much money is chasing too few good" inflation means
the value of money goes on decreasing because excess of
demand over supply

Is This Answer Correct ?    4 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is cnc machine hour rate? how it is calculated?

4515


how to maintain E-Commerce companies accounts

967


where is suspense entry is entered in tally erp9

983


Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar

1611


EXPAND_________SDJMC

1893






How do we return the loan in equal installments with interest in tally

1652


example of SOP

1501


How goodwill is accounted for the first time in a company .

1571


IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT

1466


can we get all interview questions with answers in tally 9 which mostly asked in MNC's.

1898


how we could adj. the entries of prop. & firm in merging time

1507


Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it

1820


A----------involves transfer of money or moneys worth from one person to another

1421


WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.

1689


Explain the word Liquidation

1505