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 :

Jitendra Singh • 7.50K Points
Tutor III Economic

Q. 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

Correct Answer - Option(A)

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