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Question 169Asked in DSSSB TGT Computer Science, 24 Jun 2023, Shift 3 (4:30 PM)

Which of the following inflations describes how demand for goods and services can drive up their prices?

  1. ACost-push inflation
  2. BBuilt-in Inflation
  3. CDemand-pull inflation
  4. DDemand-push inflation
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Correct answer: (C) Demand-pull inflation

Explanation

Demand-pull inflation happens when total demand exceeds supply and pulls prices up. Cost-push inflation comes from rising production costs.

From DSSSB TGT Computer Science PYQ, 24 Jun 2023, Shift 3 (4:30 PM)

This is question 169 of DSSSB TGT Computer Science PYQ, 24 Jun 2023, Shift 3 (4:30 PM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.