Economy, asked by praptibajhala, 5 months ago

state the effect of price rise​

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Answered by kavitajadhav5565
0

Answer:

Effects of Price Rise

. Rising prices adversely affect the economic conditions of fixed-income groups, particularly wage earners. When prices are high, the value of money is low and vice versa. There is always a lag between price rise and money wage adjustment.

Answered by pallabi9438
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Answer:

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