A rise in general level of prices may be caused by
    1. an increase in the money supply
    2. a decrease in the aggregate level of output
    3. an increase in the effective demand

    Select the correct answer using the codes given below.

  • 1 only
  • 1 and 2 only
  • 2 and 3 only
  • 1, 2 and 3
A rise in general level of prices may be caused by1. an increase in the money supply2. a decrease in
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