Which statement accurately describes the economic term inflation?
a.
money is in tight...
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History, 25.09.2019 14:00 jackienassiri
Which statement accurately describes the economic term inflation?
a.
money is in tight supply, which leads to lower prices but higher unemployment.
b.
there is a greater demand for consumer goods because stock prices are high.
c.
there is a lot of money in circulation, which makes it worth less and creates pressure to raise prices.
d.
capital to start new businesses or expand existing ones is available through low-interest loans.
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