3 years ago

Based on the “Inflation” section of the article, what is one cause of inflation?

English

1 answer:

Lady bird [3.3K]3 years ago

3 0

Answer:

c) When the supply of a product decreases, its price increases.

Explanation:

When there is less supply, there is more demand at the old equilibrium price. This causes a lot of people to compete for the same products or services, which drives up the prices. There is more supply and less demand when the price goes up.

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