3 years ago

Which of these would result from high inflation in the United States?

2 answers:

6 0

Answer:

B. Americans would demand higher wages is the option that would result from high inflation in the United States.

Explanation:

In economics, inflation refers to the constant increase in the general price level of goods and services in a period of time. As a consequence, the purchasing power of currancy falls, meaning that a unit of currency buys less than it did in previous periods. To offset these effects, Americans would demand higher wages.

irina1246 [14]3 years ago

5 0

I would say Americans would demand higher wages. Hope this helps you and good luck with you quiz ;)

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