What does a high inflation rate typically indicate? (2023)

Practice Questions

1 question
Q1
What does a high inflation rate typically indicate? (2023)
  1. Economic growth
  2. Economic stability
  3. Decreased purchasing power
  4. Increased savings

Questions & Step-by-step Solutions

1 item
Q
Q: What does a high inflation rate typically indicate? (2023)
Solution: A high inflation rate typically indicates decreased purchasing power, as consumers can buy less with the same amount of money.
Steps: 0

Related Questions

Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely