state gov TSPSC Group 2 (తెలంగాణ గ్రూప్ 2) Mock Test Series Current Affairs Business and Economy Economic and Financial Affairs
Which of the following best defines the term 'Greedflation'?
1
Policymakers try to pump up economic activity either by government spending more and/or interest rates being reduced.
2
If the general prices level in a particular month was lower than what it was in same month last year.
3
The trend when the inflation rate decelerates.
4
Companies exploiting the inflation that people were experiencing by putting up their prices way beyond just covering their increased costs and then used that to maximize their profit margins.