Question

Deficit financing to meet the excess expenditure by the government leads to ______.

पर्याय

• an increase in the supply of money

• inflationary rise in prices

• undesirable effect on distribution of income

• all of these

Answer 1

Deficit financing to meet the excess expenditure by the government leads to an increase in the supply of money, inflationary rise in prices and undesirable effect on distribution of income.