Inflation is described as a regressive form of taxation because, Options: A . &nbspit affects exports and makes imports attractive B . &nbspit leads to devaluation of the currency C . &nbspit may cause recession D . &nbspit affects the poor and vulnerable sections more

Inflation is described as a regressive form of taxation because,

Question

Inflation is described as a regressive form of taxation because,

Options:

A . it affects exports and makes imports attractive

B . it leads to devaluation of the currency

C . it may cause recession

D . it affects the poor and vulnerable sections more

Answer: Option D
:
D

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