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Inflation occurs when aggregate supply is

+2 votes

asked May 25, 2018 in Economics by kratos

Inflation occurs when aggregate supply is

(a) More than aggregate demand (b) Less than aggregate demand (c) Equal to aggregate demand (d) of these

monetary economics
money
credit
class-10
icse
class-12

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1 Answer

+4 votes

answered Apr 3, 2020 by kratos

Best answer

(b) Less than aggregate demand

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