Which of the following is/are the cause of Demand-Pull Inflation?
1. Increased government spending
2. Higher prices of inputs
3. Lower interest rates
4. Devaluation in the exchange rate
5. A growing economy
Select the correct answer using the code given below.
1
2 only
2
1, 2, 3, and 5 only
3
1, 3, 4, and 5 only
4
1, 2, 3, 4, and 5