Q: 103 (CDS-I/2023)Which one of the following situations can lead to inflation?Rapid growth of aggregate demand outweighing supplySluggish growth of aggregate demandReduction in the money supplyHigher levels of unemploymentquestion_subject: Economicsquestion_exam: CDS-IExplanationInflation typically occurs when aggregate demand in an economy significantly exceeds aggregate supply, resulting in higher prices for goods and services. Please login to bookmark this question