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RPSC Prelims 2018Prelims 2018Q. 69 of 150
Q. 691 markMedium
RPSC Prelims 2018·Prelims 2018
Assertion (A): Cost-push inflation is caused by a shift in aggregate supply curve. Reason (R): Shift in aggregate supply curve takes place because of an increase in wages. Choose the correct option:
(a)Both (A) and (R) are true and (R) is the correct explanation of (A).
(b)Both (A) and (R) are true, but (R) is not the correct explanation of (A).
(c)(A) is true, but (R) is false.
(d)(A) is false, but (R) is true.