Volume : VI, Issue : VIII, August - 2016
Inflation and its impact on the common man
Dr. M. Rajesh
Abstract :
Inflation seemed to be a chronic problem in many parts of the world. There is a wide spread recognition that inflation results in inefficient resource allocation and hence reduces potential economic growth. Inflation imposes high cost on economies and societies; disproportionately hurts the poor and fixed income groups and creates uncertainty throughout the economy and undermines macroeconomic stability. High inflation has always penalized the poor more than the rich because the poor are less able to protect themselves against the consequences, and less able to hedge against the risks that high inflation poses. Lowering inflation therefore, directly benefits the low and fixed income groups. The present study made an attempt to assess the issues relating to inflation such as relationship between money supply and inflation, impact of inflation in general and particularly on common man, measures of inflation, food inflation. Trends in inflation (CPI) over a period of time and also on current status of inflation in India.
Keywords :
Article:
Download PDF
DOI : 10.36106/ijar
Cite This Article:
Dr.M.Rajesh Inflation and its impact on the common man Indian Journal of Applied Research,Volume : 6 | Issue : 8 | August 2016
Number of Downloads : 1099
References :
<p>&lt;pre&gt;&lt;/pre&gt;</p>
Dr.M.Rajesh Inflation and its impact on the common man Indian Journal of Applied Research,Volume : 6 | Issue : 8 | August 2016
<p>&lt;pre&gt;&lt;/pre&gt;</p>
Our Other Journals...
-
International Journal of
Scientific Research Visit Website -
PARIPEX Indian Journal
of Research Visit Website -
Global Journal for
Research Analysis Visit Website