Currency and Inflation Questions and Answers for Competitive Exams

Home
General Knowledge
a-steady-increase-general-level-of-prices-result-aggregate-demand-increasing-unsustainable-rate-compared-aggregate-supply-termed

Question

A steady increase in the general level of prices as a result the aggregate demand is increasing in unsustainable rate as compared to aggregate supply is termed as:

A demand-pull inflation

B cost-push inflation

C stagflation

D structural inflation

Answer & Explanation
Answer: Option [A]

Read More Economics Solved Questions

junior administrative assistant jaa test series