Economics · Inflation
Inflation that takes place when the supply falls drastically and the demand remains at the same level is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Hyperinflation
- 2Wage-push inflation
- 3Bottleneck inflation✓
- 4Demand-pull inflation
Correct answer
Bottleneck inflation
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