inflation oror- deflation
June 21, 2020
DNU 365
1 Inflation: It is basically rise in the price level of goods and services and fall in value of money.
2 Deflation:It is basically fall in price levels of goods and services.
3 Fiscal deficit: situations arises in which revenue of government is less than expenditure.
4 GDP: gross domestic product or gdp is measure of all the final goods and services produced in one financial year.