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When inflation occurs do prices fall or rise?
rise
What happends when too much money is in the circulation?
an inflation occurs
What is a rise in prices brought about by an increase in the ratio of currency?
a rise in prices that occurs when currency loses its buying power
What occurs when there is an increase in prices that decreases the amount of a good or service you can buy?
inflation
What occurs when an increase in price decreases a consumer real income?
Income effect
Related Questions
Can you give a sentence for the word inflation?
Inflation of goods and services occurs when the economy grows.
When inflation occurs do prices fall or rise?
rise
What happends when too much money is in the circulation?
an inflation occurs
Why did miners begin to leave boomtowns?
they began to leave their boomtowns and dissapeared just as quickly when the mine was closed
Who lived in boomtowns?
people
What is an economic situiton that occurs when the value of a country's money decreases?
Inflation.
What role did women play in boomtowns?
women helped build and manufacture the boomtowns. they built the baby rooms and were very helpful
What were the gold rush community?
Boomtowns
Do boomtowns still exist?
Yes
What is a rise in prices brought about by an increase in the ratio of currency?
a rise in prices that occurs when currency loses its buying power
What occurs when there is an increase in prices that decreases the amount of a good or service you can buy?
inflation
What led to the start of boomtowns in the west?
cattle
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