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Question
Match the following and select the correct option:
| Column A | Column B | ||
| (i) | Inflation caused by demand pull factors | A. | Hyper inflation |
| (ii) | Inflation caused by cost push factors | B. | Creeping inflation |
| (iii) | First stage of inflation | C. | Cost push inflation inflation |
| (iv) | Last stage of inflation | D. | Demand pull inflation |
Options
(i) A, (ii) B, (iii) D, (iv) C
(i) B, (ii) D, (iii) C, (iv) A
(i) C, (ii) D, (iii) A, (iv) B
(i) D, (ii) C, (iii) B, (iv) A
Solution
(i) D, (ii) C, (iii) B, (iv) A
Explanation:
| Column A | Column B | ||
| (i) | Inflation caused by demand pull factors | D. | Demand pull inflation |
| (ii) | Inflation caused by cost push factors | C. | Cost push inflation inflation |
| (iii) | First stage of inflation | B. | Creeping inflation |
| (iv) | Last stage of inflation | A. | Hyper inflation |
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