what is the effect of black money on our economic?
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The black money keeps circulating among the wealthy and creates more opportunities for them. (c) The infusion of unaccounted black money in the economy leads to higher inflation, which obviously hits the poor the most. It also increases the disparity between the rich and the poor.
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The black money keeps circulating among the wealthy and creates more opportunities for them. (c) The infusion of unaccounted black money in the economy leads to higher inflation, which obviously hits the poor the most. It also increases the disparity between the rich and the poor
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