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🎖️ Defence📈 Economics

Consider the following statements: Statement I: Deficit financing does not lead to inflation if adopted in small doses. …

Q1
Consider the following statements: Statement I: Deficit financing does not lead to inflation if adopted in small doses. Statement II: Deficit financing is an often-used tool for financing budgetary deficits. Select the correct answer using the codes given below:
aBoth the statements are individually true and statement II is the correct explanation of statement I
bBoth the statements are individually true but statement II is not the correct explanation of statement I
cStatement I is true but statement II is false
dStatement I is false but statement II is true
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