Get Started
2030

Q: A rise in general level of prices may be caused by

  • 1
    an increase in the money supply
  • 2
    an increase in the effective demand
  • 3
    a decrease in the aggregate level of output
  • 4
    All of the above
  • Show Answer
  • Workspace

Answer : 4. "All of the above"
Explanation :

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.

Previous Next
IIT JEE Bank Exams CAT Indian Economy

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today