The stability of business in an economy has always been the primary goal that is difficult to achieve, and inflation is … most often used as its basic indicator. It is a signal of change in the general price level. The paper analyzes inflation … and prices of agricultural and food products as a combined phenomenon, examines their causes and consequences in the …

. Firms respond to these higher labour costs by reducing employment, reducing profits, or raising prices. While there are … wage. With employment and profits not significantly affected, higher prices is an obvious response to a minimum wage … as a policy against inequality and poverty. If the minimum wage does not cause disemployment but causes inflation, it …