Economics · Types of Inflation
When the rate of inflation is very low, generally less than 3% per annum, it is called:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Trotting inflation
- 2Hyperinflation
- 3Creeping inflation✓
- 4Galloping inflation
Correct answer
Creeping inflation
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