Social Sciences, asked by Anonymous, 1 year ago

what is inflation and its causes

Answers

Answered by Shanaya200
0
heya dear user
here is ur answer
inflation means a persistent rise in the price level of goods and services leading to a fall in the currency 's purchasing power

now the causes of inflation


☆ printing too much money
☆ tax rises
☆ decline in exchange rates
☆ increase in production costs

hope it helps
Answered by pratik40
0

hi \: ..

here's \:  \: your \:  \: answer

Definition of Inflation :

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

Causes of Inflation :

1]Inflation can take place as a result of a rise in aggregate demand or a failure of aggregate supply or both. ...

2)Increase in public expenditure. ...

3)Deficit financing. ...

4)Erratic agricultural growth. ...

5)Agricultural price policy of the Government.

6)Reducing Taxes

7)Increase in Export
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hope \:  \:  \: this \:  \:  \: helps...
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