Question

What is the most likely result of incomes not rising as quickly as inflation?

A. People are able to buy fewer goods and services.
B. The unemployment rate rises as more people look for jobs.
C. Many people decide to leave the labor force.
D. Consumers buy more goods and services before inflation rises prices more.

A?

Answer 1

- inflation is the general increase in prices and fall in the purchasing value of money.

Answer 2

Yes, when income does not rise as quickly, people can buy fewer goods and services because the prices of those items are higher and they have little money.

Answer 3

yeah - so it looks like A :}

Answer 4

Thanks!

Answer 5

YOU'RE WELCOME :}