Economy, asked by wesalshirzad007, 10 months ago

what are the effects of inflation on development?

Answers

Answered by mksmamta1407
1

Answer:

Effects on Income and Employment:

Inflation tends to increase the aggregate money income (i.e., national income) of the community as a whole on account of larger spending and greater production. Similarly, the volume of employment increases under the impact of increased production.

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