Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

Which of the following statements is related to positive economics?

Options:

An increase in money supply implies a price rise in an economy.

Inequalities in the distribution of wealth and incomes should be reduced.

Inflation is better than deflation.

More production of luxury goods is not good for a less developed country.

Correct Answer:

An increase in money supply implies a price rise in an economy.