Economics · Inflation Types
Match List-I with List-II and select the correct answer using the codes given below: List-I: (A) Open inflation (B) Demand-pull inflation (C) Ratchet inflation (D) Suppressed inflation List-II: (i) When there is effective price control by the government. (ii) When there is no barrier to price rise. (iii) When aggregate demand is more than aggregate supply at full employment level. (iv) When aggregate demand is distributed in economy such that it is excessive in certain sectors.
- 1A-ii, B-iii, C-iv, D-i✓
- 2A-i, B-ii, C-iii, D-iv
- 3A-ii, B-i, C-iii, D-iv
- 4A-iv, B-iii, C-ii, D-i
Correct answer
A-ii, B-iii, C-iv, D-i
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