Question:

'Bottle neck inflation' means

Updated On: Sep 25, 2024
  • No rise in prices despite increase in aggregate demand
  • Rise in prices without increase in aggregate demand
  • Decline in prices due to increase in aggregate demand
  • None of these
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The Correct Option is B

Solution and Explanation

The meaning of 'Bottle neckinflation’ is The Rise in prices without increase in aggregate demand
The correct option is (B)
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