2012 · Q98
Which of the following statements is/are correct?
- 1High growth will lead to inflation.
- 2High growth will lead to deflation.
Select the correct answer using the code given below:
General KnowledgeEconomics
- A1 only
- B2 only
- CBoth 1 and 2
- DNeither 1 nor 2
Explanation
High growth typically raises demand and inflation; key: A.