explain social effect of inflation
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Inflation is generally termed as “increase in prices and fall in the purchasing value of money.” ... In case of social impact, price-rise may hurt more to the middle and lower sections of the society than the rest and their life sometimes become too tough to live.
Answered by
2
Explanation:
Inflation is generally termed as “increase in prices and fall in the purchasing value of money.” ... In case of social impact, price-rise may hurt more to the middle and lower sections of the society than the rest and their life sometimes become too tough to live.
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