Question #12

With reference to Indian economy, demand-pull inflation can be caused/increased by which of the following?

1. Expansionary policies

2. Fiscal stimulus

3. Inflation-indexing wages

4. Higher purchasing power

5. Rising interest rates

Select the correct answer using the code given below.

1. 1, 2 and 4 only
2. 3, 4 and 5 only
3. 1, 2, 3 and 5 only
4. 1, 2 3, 4 and 5