Economics · Inflation and Demand Theory
According to economist Bent Hansen, which of the following factors are treated as expansionary factors that enhance effective demand in an economy? (i) Public expenditure (ii) Rising population (iii) Credit expansion by banking and financial system Choose the correct answer from the code given below:
- 1(i), (ii) and (iii)✓
- 2(ii) and (iii)
- 3(i) and (ii)
- 4(i) and (iii)
Correct answer
(i), (ii) and (iii)
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