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 answer using the codes given below.
A1 only
B1 and 2 only
C2 and 3 only
D1, 2 and 3
Answer & Solution
Correct answer: D. 1, 2 and 3
UPSC CSE Prelims 2013 (GS-I, Set A), Q.82. Official answer key: D.
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