Hoarding of goods is a _____.

effect of inflation

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cause of inflation

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effect of production

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effect of distribution

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Solution

The correct option is C cause of inflation
Black money means unaccounted money. It is created through tax-evasion and is responsible for price-rise. Black money is spent on non-productive activities like buying real estate, gold-smuggling, luxurious living, etc. Black money generates hoarding of goods in the economy.

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