Answer:
people spend money instead of saving it
Explanation:
Inflation decreases the purchasing power of a given currency. When inflation looms, people tend to buy and stock up those necessary things that their value is perceived to remain relatively the same. Some of these things can range from food and groceries, to fuel for cars and power. Some other commodities like gold and equities can be invested in, to maintain the value of the money spent on them over time. People will rather spend their money than save when inflation strikes because the value of the money saved now will decrease in the future due to inflation, so inflation creates a spending frenzy, and people will rather spend their money than save it.
Answer:
People tend to define droughts in three main ways: Meteorological drought occurs when there is a prolonged time with less than average precipitation. Meteorological drought usually precedes the other kinds of drought. Agricultural droughts affect crop production or the ecology of the range.
Explanation:
Answer:
the angular distance of a place north or south of the earth's equator, or of the equator of a celestial object, usually expressed in degrees and minutes
Answer:
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