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What is affect my of black money on our economy |
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Answer» riend..............Here is your answer..............Black money affect our ECONOMY by following reasons:Dual EconomyUnder-estimationLoss of REVENUE to the GovernmentUndermining the EquityWidening the Gap between the Rich and the PoorLavish Consumption SpendingDistortion of PRODUCTION PatternDistribution of Scarce ResourcesDeteriorate the General MORAL Standards of the SocietyAverage EFFECT on Production |
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