Question
Which of the following situations will result after high
growth?Solution
Inflation caused by economic growth. Typically, higher inflation is caused by strong economic growth. If Aggregate Demand (AD) in an economy expands faster than aggregate supply, we would expect to see a higher inflation rate. This fall in unemployment puts upward pressure on wages which leads to higher inflation.
Which district recorded the lowest score in the NER District SDG Index 2023–24?
Ichhamati River, recently in news, is a trans-boundary river between India and which country?
The Armed Forces Medical Services (AFMS) recently signed an MoU with which institution for multidisciplinary research?
Who were named the Most Valuable Players at the 74th National Basketball Championship?
Which Indian cricketer was awarded honorary membership by the Melbourne Cricket Club (MCC)?
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Who became the first woman from the African continent to serve as Secretary-General of the Commonwealth of Nations?
Where did the 4th Rashtriya Hindi Vigyan Sammelan 2024 take place?
Process by which substances like carbon dioxide or oxygen can move across the cell membrane is called _________.