Which among the following statements with respect to Inflation is / are true? 1. Inflation redistributes wealth from creditors to debtors 2. Rising inflation indicates rising aggregate demand 3. Inflation increases employment in the short run 4. Investment in the economy is boosted by the inflation in the short run Which among the above is / are correct statements?

Answer: [D] 1, 2, 3 & 4

This question is a part of GKToday's Integrated IAS General Studies Module