New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which school of economic thought suggested

    that one possible cause of inflation was a ‘push’ from the cost side?
    A New classical economists Correct Answer Incorrect Answer
    B Keynesian Correct Answer Incorrect Answer
    C Marxists Correct Answer Incorrect Answer
    D Monetarists Correct Answer Incorrect Answer

    Solution

    Keynesian school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side.

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