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How does inflation affect the following? Producers - Economics

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प्रश्न

How does inflation affect the following?

Producers

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उत्तर

This class/sector profits from inflation because it produces more to fulfil increased demand. They profit from raw material stocks purchased at pre-inflation levels, while salaries rise at a slower rate than prices.

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अध्याय 13: Inflation - Exercise [पृष्ठ २००]

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गोयल ब्रदर्स प्रकाशन Economics [English] Class 10 ICSE
अध्याय 13 Inflation
Exercise | Q 6. (b) | पृष्ठ २००
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