Question

What is inflation? (2 points)

Answer 1

Increase in price due to shortage of goods

But it is not the only reason, the United States is currently experiencing inflation because there is little labor force thanks to government subsidies causing less production of goods. On the other hand, and if they approve the debt increase, the dollar would lose monetary value causing higher inflation as people's purchasing power would be reduced.

Answer 2

Answer:

C. Increase in price due to shortage of goods

Explanation:

If an item sells more than usual then prices will raise to force more customers to buy it.