Answered

Which of these would result from high inflation in the United States?

U.S. goods would be less expensive than before.

Americans would demand higher wages.

Income levels in the workforce would fall.

The Consumer Price Index would be a negative number.

Verified Answer :

I would say Americans would demand higher wages. Hope this helps you and good luck with you quiz ;)

luciasadowski

Answer:

B. Americans would demand higher wages is the option that would result from high inflation in the United States.

Explanation:

In economics, inflation refers to the constant increase in the general price level of goods and services in a period of time. As a consequence, the purchasing power of currancy falls, meaning that a unit of currency buys less than it did in previous periods. To offset these effects, Americans would demand higher wages.