Question
General Knowledge Question on Business Finance
'Bottle neck inflation' means
A
No rise in prices despite increase in aggregate demand
B
Rise in prices without increase in aggregate demand
C
Decline in prices due to increase in aggregate demand
D
None of these
Answer
Rise in prices without increase in aggregate demand
Explanation
Solution
The meaning of 'Bottle neckinflation’ is The Rise in prices without increase in aggregate demand
The correct option is (B)