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Page 182 explains: excess money supply → demand-pull inflation. That’s why live event tickets rise 15% year-on-year, even as streaming services hike monthly fees. sb gupta monetary economics pdf 182 hot
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Buy the latest edition (SB Gupta, Sultan Chand & Sons). The 182nd page in the current edition covers "Sources of Change in High-Powered Money." Understanding this table is worth 15 marks in any exam.