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Decrease their spending.

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11y ago

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How has inflation affected the lives of the unemployed people and people collecting social grant?

When inflation goes up and now your rent has increased and so has everything that you


What goes up when i goes down and down when it's up?

inflation


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Inflation happens. When the supply of money goes up. The value of money goes down. And prices go up. Inflation is not the same as rising prices. Inflation causes rising prices.


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Due to inflation the money value goes up ,people have more demand but they don't have supply so as it leads to high price of commodity, its the picture of inflation. So avoid this the better way to produce more to set a link between demand and supply.


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Should gold price go up or down?

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Do suppliers tend to produce less or more when the price goes up?

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