Assertion (A): Inflation refers to steady increase in general pri… - Vidyadip

MCQ

Assertion (A): Inflation refers to steady increase in general price level.
Reason (R): Deflation refers to steady increase in general price level.

A
Both ‘A’ and ‘R’ are true and ‘R’ is the correct explanation to ‘A’
B
Both‘A’ and ‘R’ are true but ‘R’ is not the correct explanation to ‘A’
✓
‘A’ is true but ‘R’ is false
D
‘A’ is false but ‘R’ is true

✓

Answer

Correct option: C.

‘A’ is true but ‘R’ is false

‘A’ is true but ‘R’ is false

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