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The inflation experienced in the country at present is:
gallopinginflation
secondaryinflation
unrealisticinflation
cost-pushinflation
Cost-push inflation is a type of inflation caused by substantial increases in the cost of important goods or services where no suitable alternative is available. Higher prices are then the result, as costs of production increase due to a decreased aggregate supply. this situation is currently faced in the country.
By: Parvesh Mehta ProfileResourcesReport error
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