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Inflation deflation
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Inflation deflation

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the economic crisis

the economic crisis

Published in: Business, Technology

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  • 1. 1
  • 2. 2
  • 3. 3
  • 4. ‹#›
  • 5. 5
  • 6. 6
  • 7.  Energy crises  Increase in population  Decrease in supply  Marketing and new technology  Customs and traditions  Backward mean of production 7
  • 8. A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials. 8
  • 9. 9
  • 10.  Monopoly  Natural disasters › Shortage of resources  Component costs › increase in the prices of raw material (natural resources).  Rising labor costs › creating labor shortages  Higher indirect taxes imposed by the government › a rise in the duty on alcohol, cigarettes and petrol/diesel. 10
  • 11.  A fall in the exchange rate › this can cause cost push inflation because it normally leads to an increase in the prices of imported products.  Loose Govt. control  Surplus Employment.  Imports 11
  • 12. 12 Amna Abdul