Question

.Wich is a state when prices rise more than aggregate price level.

Answer 1

Answer:

Karnataka cess and taxes are high 18% cgst + 5 % cess

Answer 2

Answer:

inflation

Most price level estimates are calculated by tracking a set basket of goods and services. Using this approach, a collection of consumer-based goods and services is examined in aggregate; this makes it possible to identify changes in the broad price level over time. When prices rise, this is referred to as inflation.

Explanation:

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