Multiple Choice Questions on A rise in general level of prices may be caused by 1 an increase in the money supply 2 a decre........... for UPSC Civil Services Examination (General Studies) Preparation

Back to Main Page

Multiple Choice Questions

A rise in general level of prices may be caused by 1 an increase in the money supply 2 a decre...........

Economic Affairs NCERT
    Download Solution PDF

     A rise in general level of prices may be caused by:

    1. an increase in the money supply

    2. a decrease in the aggregate level of output

    3. an increase in the effective demand

    Select the correct code:

     1 only

    Incorrect Answer

    1 and 2

    Incorrect Answer

    1 and 3

    Incorrect Answer

    all of the above

    Correct Answer
    छोटे Courses बड़े Results
    Master NCERT
    Prepare through Micro-courses
    Try Now
    Explanation:

     some of the reasons of a rise in general level of prices are:
    i. rapid growth of population
    ii. increase in income
    iii. increase in money supply
    iv. high priced imports etc.

    By: Akriti Gupta
    ProfileResources

    Let's Discuss

    Master
    NCERT
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Review on us
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free