Assertion (A): Purchasing power increases, price decreases and vice versa. Reason (R): The production of goods decline, the price of goods increases and then the purchasing power is affected.(a) A is correct, R is false (b) Both A and R are false statements (c) A is correct but R is not a correct explanation (d) A is correct, R is the correct explanation of A

Assertion (A): Purchasing power increases, price decreases and vice ve

1.	Assertion (A): Purchasing power increases, price decreases and vice versa. Reason (R): The production of goods decline, the price of goods increases and then the purchasing power is affected.(a) A is correct, R is false (b) Both A and R are false statements (c) A is correct but R is not a correct explanation (d) A is correct, R is the correct explanation of A
Answer» (d) A is correct, R is the correct explanation of A