A rise in general price level may be caused by which of the following?
(i) An increase in the money supply
(ii) An increase in the aggregate level of output
(iii) An increase in the effective demand
Choose the correct answer from the code given below :
1
Only (iii)
2
(i) and (ii)
3
(i), (ii) and (iii)
4
(i) and (iii)