With reference to Indian economy, demand-pull inflation can be caused/ increased by which of the following ? 1. Expansionary policies 2. Fiscal stimulus 3. Inflation-indexing wages 4. Higher purchasing power 5. Rising interest rates Select the correct answer using the code given below.
Options
(a)1, 2 and 4 only
(b)3, 4 and 5 only
(c)1, 2, 3 and 5 only
(d)1, 2, 3, 4 and 5
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Class 12Determination of Income and Employment— NCERT Economics, Chapter 4. This chapter builds Keynes's short-run model of national income with prices and the interest rate held fixed. Planned (ex ante) values matter, not accounting (ex post)…
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