Causes and Consequences of Inflation: NABARD Grade A, Descriptive ESI

“Cause and Consequences of Inflation: Inflation, the rise in the general price level of goods and services, is a complex economic phenomenon with far-reaching consequences. This study delves into the various causes of inflation, from demand-pull and cost-push factors to monetary policies and expectations. Additionally, it explores the profound effects of inflation, including reduced purchasing power, income redistribution, and its impact on interest rates and economic stability. Gain insights into the dynamics of inflation and its significance in economic landscapes.”