answersLogoWhite

0

Inflation still takes place, you are paying more for a good or service than what the previous cost was. This increase could be due to an increase in labor costs, production costs, materials cost, market saturation exponents or consumer utility.

User Avatar

Wiki User

13y ago

What else can I help you with?

Related Questions

What happens when speed increases?

when speed increases, velocity changes.


What happens to the future value of money when the inflation rate exceeds the interest rate?

it increases


What happens as a solid changes to a gas what increases?

The movement of the molecules making up the solid increases.


What happens when the government increases the money supply?

There several things that happen when the government increases the money supply. This may cause inflation as there will be more money in the market than goods.


What happens when a nation's currency depreciates?

Exports increase. Imports decrease. FDI increases. Foreign capital investment increases. Economic growth rises. Besides these positives there is the negative effect and thats inflation which increases.


What happens when a nation's currency depreciate?

Exports increase. Imports decrease. FDI increases. Foreign capital investment increases. Economic growth rises. Besides these positives there is the negative effect and thats inflation which increases.


What happens to volume as temperature changes?

if volume of a gas increases temperature also increases


What is deflation in economics?

Deflation is when prices on average go down without productivity increases or technology changes making this happen. So the prices of computers going down is not deflation because technology changes have made this happen. This happens because there are fewer dollars in circulation This is the opposite of inflation where the prices increase.


What happens to the temperature of a liquid as it changes from a liquid to a vapor?

The liquid vaporizes and the temperature increases as the volume also increases.


What happens to volume during phase changes?

Volume increases with increase in temperature, and decreases with decrease in temperature.


What happens to Rotom when he changes form?

The stats increases and Rotom learns a new attack depending on what form you choose.


How did inflation affected the Roman Empire?

inflation happens when money loses its value and it affected the Roman Empire.