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What is a negative inflation rate?
when prices are not getting higher but lower.
Can inflation lead to lower interest rates and higher stock prices?
False
Higher consumer prices are likely to be accompanied by?
Prices can be accompanies by either inflation, an increase in real wages, or a decrease in consumption.
True or false Inflation refers to a dramatic drop in prices?
False!Inflation means a dramatic increase in prices. The opposite of inflation is deflation. Deflation is a dramatic decrease in prices.
What refers to the persistent increase in the prices of goods and services?
inflation
What is a negative inflation rate?
when prices are not getting higher but lower.
Who causes inflation (government or investors)?
Inflation is a measure of the rate of rising prices of goods and services in an economy. If inflation is occurring, leading to higher prices for basic necessities such as food, it can have a negative impact on society.
Can inflation lead to lower interest rates and higher stock prices?
False
Higher consumer prices are likely to be accompanied by?
Prices can be accompanies by either inflation, an increase in real wages, or a decrease in consumption.
How did the opec embargo contribute to stagflation problems in the early 1970s?
The OPEC embargo of 1973 led to a sharp increase in oil prices, which raised production costs for businesses and resulted in higher prices for consumers. This triggered inflation as prices across the economy rose. At the same time, the decrease in oil supply caused by the embargo led to a slowdown in economic growth, contributing to the high inflation and high unemployment characteristic of stagflation.
True or false Inflation refers to a dramatic drop in prices?
False!Inflation means a dramatic increase in prices. The opposite of inflation is deflation. Deflation is a dramatic decrease in prices.
What refers to the persistent increase in the prices of goods and services?
inflation
Does a hike in gas prices effect inflation in your economy How?
Fuel prices in general rise (Gasoline is connected to diesel prices) and this drives up the price of every single thing as every single thing was at some point moved using diesel.
How much prices of goods and services are rising?
Inflation is where prices overall are rising. This is caused by the over printing of money by the Government.
When consumers have more disposable income and they are willing to pay higher prices for goods this drives up the prices in the market and causes a devaluation of the money supply this is an example?
inflation
What is it called when the value of money drops?
That's simple! Inflation. Money has less value, and to compensate it, product prices have to be higher.
inflation?
rising prices
