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I'm not sure about this but I think because people were so sick they couldn't work meaning they couldn't make money and if they can't work or make money than that increases unemployment rates because they can't work so they have to find new people and nobody is buying anything because they have no money because they're aren't working. I'm not an expert on this kind of stuff so if anyone has a better answer please improve mine!!!!
What else can I help you with?
Would lead to an increase in the inflation rate?
Rapidly rising production costs
What is the inflation rate in Texas?
current inflation rate in harris county
One of the consequences of a high inflation rate is?
One of the consequences of a high inflation rate is a decrease in purchasing power, meaning consumers can buy less with the same amount of money. This can lead to increased costs of living, causing financial strain on households and potentially resulting in reduced consumer spending. Additionally, high inflation can create uncertainty in the economy, leading businesses to delay investments and hiring decisions.
What is the 1992 inflation rate?
the inflation rate in 1992 was 1.75
What does a decrease in the rate of inflation cause?
A decrease in the rate of inflation typically leads to increased purchasing power for consumers, as the prices of goods and services rise more slowly, or even decline. This can boost consumer confidence and spending, positively impacting economic growth. Additionally, lower inflation rates may lead to lower interest rates, making borrowing cheaper and encouraging investment. However, if inflation drops too low, it can also signal economic stagnation or deflation, which can be detrimental.
What would lead an increase to the inflation rate?
Rapidly rising production costs
Would lead to an increase in the inflation rate?
Rapidly rising production costs
What would lead to an increase inflation rate?
Rapidly rising production costs
What would lead an increase in the inflation rate?
Rapidly rising production costs
What is the inflation rate in Texas?
current inflation rate in harris county
Are tuition fees too much?
In my opinion yes. Tuition has increased multiples as compared to the rate of inflation.
One of the consequences of a high inflation rate is?
One of the consequences of a high inflation rate is a decrease in purchasing power, meaning consumers can buy less with the same amount of money. This can lead to increased costs of living, causing financial strain on households and potentially resulting in reduced consumer spending. Additionally, high inflation can create uncertainty in the economy, leading businesses to delay investments and hiring decisions.
What inflation rate?
inflation
What does the inflation rate of 1-5 signify and how does it differ from an inflation rate of 10?
An inflation rate of 1-5 signifies a moderate increase in the overall price level of goods and services in an economy. This level of inflation is generally considered manageable and can indicate a healthy economy. On the other hand, an inflation rate of 10 signifies a much higher and potentially problematic increase in prices. This level of inflation can lead to reduced purchasing power, higher costs of living, and economic instability.
What is the 1992 inflation rate?
the inflation rate in 1992 was 1.75
What were the inflation rate and the unemployment rate last year?
2016s rate was 4.85%, and the inflation rate was 2.5%
What does a decrease in the rate of inflation cause?
A decrease in the rate of inflation typically leads to increased purchasing power for consumers, as the prices of goods and services rise more slowly, or even decline. This can boost consumer confidence and spending, positively impacting economic growth. Additionally, lower inflation rates may lead to lower interest rates, making borrowing cheaper and encouraging investment. However, if inflation drops too low, it can also signal economic stagnation or deflation, which can be detrimental.
