wiz-icon
MyQuestionIcon
MyQuestionIcon
4
You visited us 4 times! Enjoying our articles? Unlock Full Access!
Question

Answer the following question in one or two sentence.
What are the two main causes of inflation?

Open in App
Solution

The two main causes of inflation are:
  1. The increase in the demand for goods and services.
  2. The decrease in the supply of goods and services.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Money supply and inflation
ECONOMICS
Watch in App
Join BYJU'S Learning Program
CrossIcon