Is anyone good in economics ? Please let me know because I really need help

Question

anonymous · Answer

Which of the following is considered a cause of inflation?
A. Wages go down
B. Producers raise prices to meet higher costs
C. There is not enough money in the economy 
D. Demand is less than supply

anonymous · Answer

I believe the answer is B from what my textbook says. Inflation is a general increase in prices and fall in the purchasing value of money

anonymous · Answer

@Opcode @whpalmer4 @Ricky2 @linda3 @kewlgeek555 @hartnn @DollyAcquah @skullpatrol @boricua5 @nincompoop

anonymous · Answer

I think these links will help you: http://useconomy.about.com/od/inflationfaq/f/Causes-Of-Inflation.htm http://www.economicshelp.org/macroeconomics/inflation/causes-inflation/ http://tutor2u.net/themes/inflation/A2_Inflation_Notes/Main_Causes_of_Inflation.htm

whpalmer4 · Answer

Yes, B is the best of those choices.  Usually, too much money causes inflation, because more people are causing demand, which drives up prices until supply can respond.  Wages going down or a lack of money in the economy or a lack of demand relative to supply all have anti-inflationary results...

anonymous · Answer

Thanks @whpalmer4 Your the best : )

whpalmer4 · Answer

Hey, if you are going to say that, please use correct grammar: "you're the best" :-)

anonymous · Answer

You're .. Lol my bad

whpalmer4 · Answer

Sorry, couldn't resist :-)

anonymous · Answer

It's cool. No offense taken. I'll be back in a minute though I'm pretty sure I will have more clarification questions : )