Question
GSEasyPrelims 2011Economy

Economic growth is usually coupled with -

Explanation

Economic growth has inflation as a usual consequence as prices rise for goods with people having higher purchasing power and more money circulation in the system. But the contrary is not true i.e., inflation in the economy does not mean that growth is happening. It's a one-way causal relationship and not two-way.

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Most repeated Topics from Economy in Last 5 years

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