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It's the contrary, inflation contributes to higher gasoline prices. But not so much as everybody thinks. The major cause for increasing gasoline prices is the resource. Less resource for higher demand, higher prices
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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.
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.
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.
inflation?
rising prices
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.
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.
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
An increase in the demand for gasoline today caused by concerns that gasoline prices will be higher tomorrow is most likely attributable to consumer expectations or consumer preferences?
consumer preference
