What is inflation?

a.

unemployment and the subsequent loss of production

b.

a slow, steady raise in average wages

c.

an increase in taxes

d.

a devaluing of money, resulting in a loss of purchasing power

Question

Cesar Yang

23 July, 05:57

+2

Answers (2)

Know the Answer?

Helen Hanna · Answer 1

It would be D. The devaluation of money resulting in the loss of purchasing power.

Victor Reeves · Answer 2

It's b. A slow steady raise in average wages

What is inflation?a.unemployment and the subsequent loss of productionb.a slow, steady raise in average wagesc.an increase in taxesd.a devaluing of money, resulting in a loss of purchasing power