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Answer Posted / noorullah07@yahoo.com
Inflation is as an increase in the price of bunch of Goods
and services that projects the Indian economy. An increase
in inflation figures occurs when there is an increase in
the average level of prices in Goods and services.
Inflation happens when there are less Goods and more
buyers, this will result in increase in the price of Goods,
since there is more demand and less supply of the goods..
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