Inflation helps in redistribution of income through ______________.

proportional changes in prices of everything including prices of assets and debt instruments

No worries! We‘ve got your back. Try BYJU‘S free classes today!

disproportional change in prices of everything including prices of assets and debt instruments

No worries! We‘ve got your back. Try BYJU‘S free classes today!

rising prices of everything including prices of assets and debt instruments

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

falling prices of everything including prices of assets and debt instrument

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is C rising prices of everything including prices of assets and debt instruments
The economic inequality comprises of all disparities in the distribution of economic assets and income. The term typically refers to inequality among individuals and groups within a society, but can also refer to inequality among countries. Inflation helps in redistribution of income through rising prices of everything including prices of assets and debt instruments.

Suggest Corrections

Similar questions

Q. ______________ of an asset includes invoice price and other cost.

Q. Assume X is a normal good. Holding everything else constant, assume that income rises and the price of a factor of production also increases. What point in Figure is most likely to be the new equilibrium price and quantity?

The sale price of a motorcycle including 7% sales tax is Rs 38520. Find the list price. If a discount of 10% on the list price were given, what would have been the sale price?

Q. _________ may be used for several purposes including as a quotation or to give details and prices of goods being sent on approval.

The selling price of a cooking range including VAT is Rs 19,610. What is the original price of the cooking range ?

Join BYJU'S Learning Program