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
Hope this helps, have a wonderful day/night, stay safe, happy holidays, and merry christmas!
"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:
https://brainly.com/question/21483309