Question

10, What is the effect of black money on our economy?​

Answer 1

Answer:

Growth of the black economy causes regressive distribution of income in the society.

When the black money grows faster, rich becomes richer and the poor become poorer.

By way of concentration of income and wealth in few hands, the black money widens the gap between the rich and the poor.

Explanation:

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Answer 2

price has been increased on food grains