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Price Rise in Indian Economy

Price Rise in Indian Economy

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Published by Vicky Narayan
Price Rise in Indian Economy: explained via systems thinking
Price Rise in Indian Economy: explained via systems thinking

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Categories:Types, Research
Published by: Vicky Narayan on Sep 15, 2010
Copyright:Attribution Non-commercial

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01/28/2013

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Price Rise In IndianEconomy
Presented By: Group O2
HariniValluriSomanNahata AnkitJangalwaGandharv Raj SethiVishwajeetNarayan
 
Inflation: An Overview
T
he term was first recorded in 1838.It has been derivedfrom the term L. Inflationem (nom. inflatio ), noun of actionfrom inflare "blow into, puff up," from in-"into" + flare "toblow³.
Introduction
 A sustained increase in the general level of prices sothat a given amount of money buys less and less.People on fixed incomes, such as some annuities or income from fixed interest on long-term investments, suffer most when inflation is rising, unless their pensions or incomes are fully indexed to the inflation rate.Inflation is a rise in consumer prices, increasing thecost of living.
 
M
ajor Reasons for Inflation
1.Oil Imports2.Agricultural Production3.
M
oney Supply in the Economy4.Government Borrowings and Debt5.Increase in the cost of Production

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