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Which of the following is an effect of inflation?a)Erosion in purchasing powerb)Affects relative price of goodsc)Increase in inequalities of incomed)All the aboveCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about Which of the following is an effect of inflation?a)Erosion in purchasing powerb)Affects relative price of goodsc)Increase in inequalities of incomed)All the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which of the following is an effect of inflation?a)Erosion in purchasing powerb)Affects relative price of goodsc)Increase in inequalities of incomed)All the aboveCorrect answer is option 'D'. Can you explain this answer?.

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