Political Science, asked by krystalmorales, 14 days ago

Discuss in detail the reasons for the price rise.​

Answers

Answered by MrInocent
14

There are two main causes of inflation: Demand-pull and Cost-push. Both are responsible for a general rise in prices in an economy.  Demand-pull conditions occur when demand from consumers pulls prices up. Cost-push occurs when supply cost force prices higher.

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