Economics · Inflation and Monetary Policy

Consider the following statements regarding Demand-Pull Inflation: 1. It occurs when aggregate demand for goods and services exceeds aggregate supply. 2. It may arise due to expansionary fiscal policy. 3. It reduces the total national output permanently. Which of the statements given above are correct?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

11 and 2 only✓
2All three statements
32 only
41 only

Correct answer

1 and 2 only

Download Single Question PDF

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Share with Friends & Study Groups

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Preparing for Economics?

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Start Free Mock Test →

Chapter Practice

Want more practice questions on Inflation and Monetary Policy?

Solve complete topic-wise tests with detailed solutions on GkGet.

Practice Inflation and Monetary Policy MCQs →

Recommended practice questions in Economics · Inflation and Monetary Policy

Browse More Economics →

Which Indian independence movement leader was primarily known for his philosophy and practice of non-violent civil disobedience?

Solve Question→

Who gave the call for 'Do or Die' during the Quit India Movement in 1942?

Solve Question→

Which of the following revolutionary pairs were imprisoned together in Cellular Jail and faced harsh conditions, contributing significantly to the Indian independence movement?

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions

Download Single Question PDF

Share with Friends & Study Groups

Preparing for Economics?

Related Practice Questions

Practice by Subject

Practice by Exam

Topic-Wise Solved Questions