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What is most likely to lead to an increase in the underlying rate of inflation?
Updated: 8/23/2023
Wiki User
∙ 11y agoBest Answer
Inflation at its core is a monetary problem. It is simply too much money chasing too few goods. The father of this theory is Milton Friedman (see link below).
Rapidly rising production costs
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∙ 12y agoThis answer is:
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∙ 11y agoa fall in consumer spending
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Would lead to an increase in the inflation rate?
Rapidly rising production costs
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What would lead an increase to the inflation rate?
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Would lead to an increase in the inflation rate?
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