A Study on Inflation (Management Project)

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INFLATION DEFINITION:

GENERAL PRICE LEVELS INCREASES

VALUE OF MONEY (PURCHASING POWER OF MONEY ) FALLS

MONEY CIRCULATION > PRODUCTION

PROBLEMS:

PRICE RISE IS FASTER THAN INCOME

STANDARD OF LIVING DECLINES

MAJOR SOCIAL TENSIONS

INTERESTING FACTS :

Hungary:-highest ever inflation,1946

Argentina:- 3,500 percent,1989,Brazil, 1,200 percent; Peru, 2,500 percent.

Zimbabwe :-1ooooo percent, September, 2008

Delhi :- 1998 when the Bharatiya Janata Party (BJP) lost state elections Onion Prices rised

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