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︎TYPES OF INFLATION BOTTLE NECK INFLATION. #Inflation Th | UPSC Economy

TYPES OF INFLATION

BOTTLE NECK INFLATION.

#Inflation

This infation takes place when the supply falls drastically and the demand remains at the same level.

Such situations arise due to supply-side hurdles, hazards or mismanagement which is also known as ‘structural infation’.

This could be put in the ‘demand-pull infation’ category
.

SOURCE - Indian economy by Ramesh singh.