UGC NET Economy Q47

Question

Given below are two statements, one is labelled as Assertion (A) and the other is labelled as Reason (R).
Assertion (A): Consumption levels increased sharply after Covid-19 restrictions were lifted.
Reason (R): The demand for goods had accumulated due to frequent Covid-19 restrictions and lockdowns.
In light of the above statements, choose the most appropriate answer from the options given below:

Accepted Answer

Both (A) and (R) are correct and (R) is the correct explanation of (A).