Question

petrol and diesel rates are increasing rapidly what would happen if it keeps on increasing​

Answer 1

Explanation:

Oil price increases are generally thought to increase inflation and reduce economic growth. In terms of inflation, oil prices directly affect the prices of goods made with petroleum products. ... Increases in oil prices can depress the supply of other goods because they increase the costs of producing them.

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Answer 2

Answer:

prices of oil directly affect the expensiveness of all goods whether made from oils or some other directly or indirectly

For the things made from oils there rates will go high directly and for the other things transportation charges will increase. the things we get from plants needed to work by tractors and there cost will also gradually increase

Explanation:

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