Respuesta :

Answer:

Here are some reasons:

Rapid Growth of Population

Increase in Incomes

Deficit Spending for Development

Increase in Money Supply

Inadequate Agricultural Output

Inadequate Industrial Production

High-priced Imports:Explanation

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"Population is rapidly increasing" is one of the reasons for the price hiking.

A hike seems to be an abrupt or significant rise in prices, charges, regulations, as well as proportions or volumes, is a price hiking.

Some more reasons for price hiking are such as:

  • Income levels will rise.
  • Developmental spending surplus
  • The value of the currency expands.

Thus the above response is right.

Learn more about price hiking will be:

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