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When the available resources in an economy are fully employed, expansionary monetary polic

When the available resources in an economy are fully employed, expansionary monetary polic

When the available resources in an economy are fully employed, expansionary monetary policy normally result in


I. Demand pull inflation.
II. Supply shock inflation.
III. Wage push inflation.


[A]Only (I) above

[B]Only (II) above


[C]Only (III) above


[D]Both (I) and (III) above

Roshan kumar 09-Jan-2018

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