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timurjin [86]
2 years ago
13

Select the correct answer. Which statement describes the effect of inflation on purchasing power? A. As the rate of inflation re

mains constant, purchasing power increases. B. As the rate of inflation remains constant, purchasing power stays the same. C. As the rate of inflation increases, purchasing power increases. D. As the rate of inflation increases, purchasing power decreases.
Mathematics
1 answer:
Readme [11.4K]2 years ago
8 0

Answer:

D

Step-by-step explanation:

more money for everyone = higher price of goods

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