Higher consumer prices are likely to be accompanied by: A. lower union wages. B. lower interest rates. C. lower production costs. D. higher interest rates.
Higher Interest rates, because when prices go up, interest goes up also!
Answer:
The answer is - D. higher interest rates.
Step-by-step explanation:
Higher consumer prices are likely to be accompanied by : higher interest rates.
Higher prices attract higher interest rates. This is because inflation is also measured by the consumer price index. When there is inflation, the interest rates get high.