In order to meet war expenses government increases the supply of money. A large proportion of production is bought by government. Half and small proportion of production is available to the people. As a result prices begin to shoot up.
FYBMS, SYBMS, TYBMS and beyond BMS
In order to meet war expenses government increases the supply of money. A large proportion of production is bought by government. Half and small proportion of production is available to the people. As a result prices begin to shoot up.
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