Question 11
When aggregate demand is chasing too few goods, the resulting inflation is called:
Deflation
Demand-pull inflation
Stagflation
Cost-push inflation
Question 11: When aggregate demand is chasing too few goods, the resu…
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Correct answer
Demand-pull inflation
Question 11 of 18 in the IIT Madras BS Strategies for Professional Growth (SPG) Quiz 2 paper sat on 23 Nov 2025, in the September 2025 term (IIT M IMPROVEMENT AN EXAM QIA2 23 Nov 2025). It carries 1 mark.
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