Q. A rise in general level of prices may be caused by
A) an increase in the effective demand
B) an increase in the money supply
C) All of the above
D) a decrease in the aggregate level of output
✔ Correct Answer: All of the above
Exam Insight
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A) an increase in the effective demand
B) an increase in the money supply
C) All of the above
D) a decrease in the aggregate level of output
✔ Correct Answer: All of the above
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