What are the effects of rapid inflation? Check all that apply.

-Interest rates increase.

-Banks loan more money.

-Unemployment declines.

-Consumers spend less.

-Production declines.

Question

Social Studies

Ayanna

15 July, 15:35

What are the effects of rapid inflation? Check all that apply.

-Interest rates increase.

-Banks loan more money.

-Unemployment declines.

-Consumers spend less.

-Production declines.

+2

Answers (2)

Know the Answer?

Demetrius Mercado · Answer 1

Interest rates increase

consumers spend less

production declines

is correct for edgenuity

Dana Cohen · Answer 2

Consumers spend less

Production declines

There are income redistributions, fall in the real incomes, decrease in interest rates, increase in borrowing cost, a rise in wage inflation, uncertainty in business and increase in business competitiveness.

What are the effects of rapid inflation? Check all that apply.-Interest rates increase.-Banks loan more money.-Unemployment declines.-Consumers spend less.-Production declines.

What are the effects of rapid inflation? Check all that apply.

-Interest rates increase.

-Banks loan more money.

-Unemployment declines.

-Consumers spend less.

-Production declines.