Question

refers to the continuous and constant rise in prices in different fields of an economy at a high rate.

• A. Unstable price rise
• B. Increased supply
• C. Stable price rise
• D. Inflation situation

Answer 1

The correct option is C Stable price rise

Stable price rise refers to the growth in the economy due to a continuous and constant rise in prices in different fields of the economy. An inflationary situation refers to a sharp increase in the prices of goods and services invariably and continuously at high rates. A continuous price rise causes massive, far-reaching, and adverse effects on the economy and social lives of people. To avoid these effects, the need for price control has arisen.