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Day: April 25, 2024

What is Deflation? explain its causes and consequences.

25 April, 2024 Haseena Banu 0 Comments ECONOMICS 2 UNIT-1

Meaning of Deflation: Deflation refers to a continuous decrease in the general price level in an economy over a period of time. It’s the opposite of inflation. Deflation is a state of affairs or situation

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Explain the measures to control Inflation.

25 April, 2024 Haseena Banu 0 Comments ECONOMICS 2 UNIT-1

Meaning of Inflation. Inflation is a global phenomena. It occurs in every type of economy. Inflation is a condition with increasing prices which causes a decrease in the purchasing power of money. Inflation is a price

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