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| Topic: |
History
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| Number of pages / Number of words: |
5 / 1378 |
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However, the prices of these basic necessaities never remain fixed. They keep on changing because of various factors such as a spread of some disease or onset of a war or because of poor harvests. These reasons lead to high rate of fluctuations in the inflation rates of these emerging economies. So much so that it could be high in one year and low in the very following year...
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These reasons lead to high rate of fluctuations in the inflation rates of these emerging economies. So much so that it could be high in one year and low in the very following year.Loose monetary conditions could be another explanation for the inflation rates in emerging economies. The monetary decisions are taken keeping in mind that the people in emerging economies make most of their spending in food, fuel and other necessities , the prices of which are bound to go up...
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