1.

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.

A. 1 only
B. 1 and 2 only
C. 2 and 3 only
D. 1, 2 and 3
Answer» E.


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