Question : Pump priming should be resorted at a time of _________.
Option 1: inflation
Option 2: deflation
Option 3: stagflation
Option 4: reflation
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Correct Answer: deflation
Solution : The correct option is Deflation.
Pump priming is a tactic to boost growth in response to deflation or economic contraction. Reducing taxes or increasing government spending are two examples of how to increase demand in an economy. A decrease in the overall demand for products and services during a deflationary period leads to price drops and possibly excessive unemployment.
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Question : Stagflation refers to a situation which is characterised by
Question : Which of the following is represented by "The Lorenz Curve"?
Question : Select the most appropriate meaning of the given idiom.
To prime the pump.
Question : Direction: Which one of the given responses would be a meaningful order of the following?
1. Absorption
2. Digestion
3. Nutrition
4. Excretion
Question : In what ratio should tea at Rs. 240 per kg be mixed with tea at Rs. 280 per kg so that, on selling the mixture at Rs. 324 per kg, there is a profit of 20%?
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