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What are the effects of inflation on Indian economy?explain in detail?

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What are the effects of inflation on Indian economy?explain in detail?

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  1. In detail? nah..haha..ill just summarise it for you. Basically, more people starve because they are unable to pay for high priced goods, the economy slows down because people lose confidence in it, but some businesses get richer as the price of their goods goes up..thats just a very brief summary..hope that helps!

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