खालीलपैकी कोणते विधान बरोबर आहे ?
(a) शासकीय खर्चातील वाढीमुळे भाववाढ निर्माण होते.
(b) खाजगी खर्चात वाढ झाल्यामुळे भाववाढ निर्माण होते.
पर्यायी उत्तरे :

The correct answer is Option C (Both (a) and (b) are correct).

Key Points:
• Inflation—broadly Demand-Pull Inflation—manifests when total aggregate demand in an economy persistently outpaces aggregate supply (AD > AS).
• Components of Aggregate Demand: Macroeconomic spending is formulated as AD = C + I + G + (X - M).
• Government Expenditure (G): When the state surges outlays on infrastructure, welfare transfers, or administrative machinery (especially via deficit financing), it directly pumps liquidity into circulation, stimulating excess demand and driving price levels up [Statement (a) is true].
• Private Expenditure (C + I): An uptick in private household consumption spending or corporate capital investment increases overall disposable income and velocity of circulation, exerting upward pressure on consumer price indices [Statement (b) is true].
• Consequently, increases in either government expenditure or private expenditure generate demand-pull inflationary pressures.
• Key Takeaway: Increases in both government spending and private expenditure expand aggregate demand, triggering demand-pull inflation.