Inflation And Trade Cycles
Telangana Open School (TOSS) · Class 12 · Economics
Most important questions from Inflation And Trade Cycles for Telangana Open School (TOSS) Class 12 Economics board exam 2026. MCQs, short answer, and long answer questions with marks.
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Sample Questions
Which phase of the trade cycle is marked by rising output and employment?
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Expansion
During expansion, national output, employment, and demand all increase.
What is the highest point of a business cycle called?
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Peak
The peak is the topmost point of the business cycle where economic activity is at its highest.
Which of the following is a cause of inflation?
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Deficit financing by the government
Deficit financing increases money supply, leading to inflation.
Who gains during inflation?
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Debtors
Debtors repay loans with money that has less purchasing power, so they benefit.
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