Question

write about inflation​

Answer 1

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Inflation is an economic term that refers to an environment of generally rising prices of goods and services within a particular economy. As general prices rise, the purchasing power of consumers decreases.

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Answer 2

Answer:

Inflation is a situation of rising prices in the economy. A more exact definition of inflation is a sustained increase in the general price in an economy.

Cause of inflation-

Increase in public spending.

Increased velocity of circulation.

Exports

Trade unions

Tax reduction

Imposition of indirect taxes

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