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प्रश्न
Answer the following :
What are the Non - economic effects of inflation?
टीपा लिहा
उत्तर
1. Inflation basically widens the gap between the rich and the poor and therefore, creates social friction and conflicts.
2. Due to inflation, some businessmen resort to unethical, unfair and illegal activities such as adulteration, hoarding and quality deterioration, thereby affecting moral values.
3. Inflation also increases the possibility of corruption which is reflected in political uncertainties.
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Effects of Inflation
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संबंधित प्रश्न
Answer the following question in one or two sentences.
Explain the term deficit Financing.
Explain how taxes can bring about equality in income distribution.
Examine any three adverse or evil effects of inflation on production.
______ are worst affected during the period of inflation.
Purchasing power of money falls when ______.
State running inflation impact on fixed income groups.
Why do producers gain in the short run during inflation?
Discuss the effects of inflation on production.
Which section of society gains due to inflation? Why?
Which section of the society is worst affected during inflation? Why?
