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Inflation, economic development and currency depreciation

People queueing for gas in Colombo. Question paper Markscheme answerMost countries in the world are experiencing a continuing economic shock that has followed the Covid19 pandemic. If the pandemic was the earthquake, the world economy is currently experiencing a major after-shock. The surge in global costs, particularly in energy, is causing significant costs-push inflation in most of the world’s economies. Supply...

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