Consider the following statements:
The major traits of depression could be as given below:
- an extremely low aggregate demand in the economy causes activities to decelerate
- the inflation being comparatively lower
- the employment avenues start shrinking forcing unemployment rate to grow fast
Which of the above statements are correct ?
1 and 2 only
2 and 3 only
1 and 3 only
1, 2 and 3
Answer is Wrong!
Answer is Right!
This question was previously asked in
UPSC SO-Steno – 2018