Question
Which of the following types of inflation occurs when
there is an increase in the general price level due to excessive demand?Solution
Demand-pull inflation occurs when there is excessive aggregate demand in the economy, leading to upward pressure on prices. It typically happens when there is robust economic growth, high consumer spending, and low unemployment, causing demand to outpace the economy's productive capacity.
Seven persons, P, Q, R, S, T, U and V, live in a building, which has seven floors. The floor, which is at the bottommost position is numbered as 1, the ...
Which of the following combinations is/are true?
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1. Injury2.Recov...
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