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Sticky Note
It is ______ rather than moderate inflation that concerns policymakers and sends economists scurrying.
  1. By a galloping inflation rate
  2. A galloping inflation rate
  3. Galloping inflation rate
  4. None of these
Explanation
  • The correct phrase is “galloping inflation”, which refers to a very high and rapidly increasing rate of inflation.
  • Moderate inflation is relatively manageable, while galloping inflation creates serious economic instability.
  • Policymakers become concerned because it reduces purchasing power and increases uncertainty.

Last verified on 31-10-2026

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