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Consider the following statements: 1. High growth will lead to inflation. 2. High growth will lead to deflation. Which of the statements given above is/are correct?

Asked on by | Votes 0 | Views: 25 | Tags: finance     | financial awareness     | indian financial system     | Add Bounty

Consider the following statements:
1. High growth will lead to inflation.
2. High growth will lead to
deflation.
Which of the statements given above
is/are correct?


1). Only 1
2). Only 2
3). Both 1 and 2
4). Neither 1 nor 2


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