Those who adopt the inflation theory to explain the Soviet economic mystery feel that

The Russians normally inflate their claims.

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Global inflation has finally penetrated the iron Curtain.

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New products now being produced in the Soviet Union have relatively high prices.

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None of these

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Solution

The correct option is C
New products now being produced in the Soviet Union have relatively high prices.

New products now being produced in the Soviet Union have relatively high prices.

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Similar questions

Read the above passage carefully and answer the question given below.

Those who adopt the inflation theory to explain the Soviet economic mystery feel which of the following is correct?

Q34) In the past few months, the two main inflation indicators — the Wholesale Price Index (WPI) and the Consumer Price Index (CPI) — are moving in widely divergent directions. Consider the following statements:

1) Headline inflation does not include food and fuel prices while Core inflation includes all-item index

2) CPI is measured on base year 2012

3) Reserve Bank of India has now adopted WPI as new measure of Inflation

Which of the above statement(s) is/ are incorrect?

Q. The period of high inflation, high unemployment and low economic growth is termed as _____.

Q. Controlled inflation helps in contracting production and promoting economic growth in the country.

Q. The policy of price support has ___________ inflation in India.

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Those who adopt the inflation theory to explain the Soviet economic mystery feel that

The correct option is C New products now being produced in the Soviet Union have relatively high prices. New products now being produced in the Soviet Union have relatively high prices.

The correct option is C
New products now being produced in the Soviet Union have relatively high prices.

New products now being produced in the Soviet Union have relatively high prices.