Even if people's income does not increase, the price of goods continues to increase. Inflation is one of the reasons for not being able to cope with the rise in commodity prices. Inflation and rising commodity prices are closely related to several aspects of the economy. One of them is bad debt. If the price of goods or services increases by a certain amount over a period of time, it is called inflation in the language of economics. Generally, the purchasing power of people decreases as a result of inflation. As a result, if the price of a product was one hundred rupees before. Then after inflation its price will be one hundred and ten rupees. Or for a hundred rupees, that product will be available in much less quantity than before. This also reduces the real exchange value of goods in the economy. To put it more simply, the value of the total wealth of the country is equal to the current total currency value or total rupees of that country. Think there is a total of ...
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