answersLogoWhite

0


Best Answer

it drives up prices and causes money to loss value.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Why is the willingness to pay more for goods and services destructive to the nation's economy?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Why is the willingness to pay more for goods and services destructive to the nations economy?

It drives up prices and causes money to lose its value.


Why is the willingness to pay more for goods and services destructive to the nations economy.?

It drives up prices and causes money to lose its value.


What is the interdependent economy?

A kind of trade where the nations eliminate all kinds of berrier in the way of flow of goods and services and factor of production


What is a market economy based on?

A market economy is an economy in which decisions regarding investment, production and distribution are based on market determined supply and demand. Prices of goods and services are determined in a free priced system


What kind of economy do most nations in the world today use?

mixed economy


How did the panic of 1837 affect the the nation's economy?

it ruined the nations economy by no money


What goods and services does Canada produce?

Canada is one of the wealthiest of the world's nations. Its economy is dominated by the service industry, with logging and oil production serving major roles as well.


Which if these events can affect a nations economy?

all of these.!!


When was United Nations Office for Project Services created?

United Nations Office for Project Services was created in 1974-12.


How are they alike individual trade between people and international trade between market economy nations?

Individual trade between people and international trade between market economy nations is alike in the aspect that there is an exchange of goods or services. One person, or country, trades a product with another person, or country, for a service or money.It is voluntary and mutually beneficial.


What is mixed economy in a sentence?

There any many nations in the world which have mixed economy. This is an example using the word mixed economy.


When was United Nations Office of Internal Oversight Services created?

United Nations Office of Internal Oversight Services was created in 1994.