Assertion (A): Cost inflation is caused by the shift in the aggregate supply curve.Reason (R): Shift in aggregate supply curve takes place because of the increase in wages.

Question

TuteeHUB · Accepted Answer

Both (A) and (R) are true and (R) is not the correct explanation of (A).

TuteeHUB · Answer

Both (A) and (R) are true and (R) is the correct explanation of (A).

TuteeHUB · Answer

(A) is true, but (R) is false.

TuteeHUB · Answer

(A) is false, but (R) is true.

1.	Assertion (A): Cost inflation is caused by the shift in the aggregate supply curve.Reason (R): Shift in aggregate supply curve takes place because of the increase in wages.
A.	Both (A) and (R) are true and (R) is the correct explanation of (A).
B.	Both (A) and (R) are true and (R) is not the correct explanation of (A).
C.	(A) is true, but (R) is false.
D.	(A) is false, but (R) is true.
Answer» B. Both (A) and (R) are true and (R) is not the correct explanation of (A).

Assertion (A): Cost inflation is caused by the shift in the aggregate supply curve.Reason (R): Shift in aggregate supply curve takes place because of the increase in wages.

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