What would be likely to increase inflation in any economy? - SchoolNGR

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What would be likely to increase inflation in any economy?

What would be likely to increase inflation in any economy?

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Increase in demand
B Reduce public spending
C Control excessive import
D Increase in direct tax

Correct Answer: Option A

Explanation:
Excess demand without a corresponding increase in supply causes inflation.

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