Sawaal
1
Q:

A rise in general level of prices may be caused by

A) an increase in the money supply B) an increase in the effective demand
C) a decrease in the aggregate level of output D) All of the above

Answer:   D) All of the above



Explanation:

All the three statements lead to either increase in demand of goods and services or decrease in the supply. This leads to increase in general level of prices.

Subject: Indian Economy
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