Question

Write a short paragraph in about 60 words on any one of the following: ‘Rising Prices’. OR
Write a short paragraph in about 60 words with the help of the outline given below
‘Quiz Competition/ Contest’.
Date ……………….. place …………….. time ……………… topic ………………… eligibility …….. number of rounds………….reward .. ……………….. winner.

Answer 1

There are two main causes of inflation: Demand-pull and Cost-push. Both are responsible for a general rise in prices in an economy. But they work differently. Demand-pull conditions occur when demand from consumers pulls prices up. Cost-push occurs when supply cost force prices higher.

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