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Max6inekhilS9ammytho Max6inekhilS9ammytho
  • 22-02-2016
  • Social Studies
Answered

A rise in the prices of goods and services is called _____. This decreases purchasing power.

inflation

a tariff

interest rates

Verified Answer :

W0lf93
W0lf93 W0lf93
  • 13-04-2017

The right answer is the first option inflation. Inflation is defined as the sustained increase of prices, month after month. Inflation has a negative impact on your purchasing power becasue you will be able to buy less goods and services with the same money.

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Gah26 Gah26
  • 18-05-2020

Answer:

Inflation is the correct answer

Explanation:

Odyssey ware

Answer Link

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