When the rate of inflation is between 10%-20% per annum, then it is ______ stage of inflation.

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KollegeApply · Accepted Answer

When the rate of inflation is between 10%-20% per annum, then it is running stage of inflation. Explanation: Running inflation refers to a situation where the rate of inflation is between 10%-20% per annum. In this stage, prices rise rapidly, but not as excessively as in hyperinflation. It indicates significant inflationary pressure in the economy, leading to a fast rise in the cost of living and reduced purchasing power.

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