which of the following can be a result of inflation? Businesses grow cautious about spending The government has to cut spending The price of household items increases Workers benefit from a lower cost of living
Give me a good answer
There isn't much on this website, i've seen stupid answers on every page
inflation does higher production costs, and if future expectations are negative, that is to say, that it is believed inflation will get higher, business would grow more cautious about spending .the government usually enacts fiscal policies to counteract or prevent inflation, ,,, but cutting spending would decrease demand, thus decreasing output and increasing price level. the price of household items would definitely increase,, and inflation does not benefit workers other than increasing wages ,, like the cost of living would increase not to mention the need for work would decrease ,,, employers would be less willing to hire at higher wages,, idk if i'm getting anything across because i'm really bad with words but the only two answers that seem reasonable to me is the first and third one ,,,,
Is this a "pick all that apply" question or a one-answer only question? If it's the latter, I would say the third option, the prices of household items increases, because that definitely happens due to inflation. If you can choose more than one answer, then I would say the first and third choices.
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