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Rising prices can lead to inflation, which decreases the purchasing power of individuals. This can result in reduced standard of living for those on fixed incomes or low wages. Additionally, inflation can make it difficult for businesses to plan for the future and can lead to economic instability.
What else can I help you with?
What was one causes of the labor strikes in 1919?
rising prices
How do rising gas prices affect teenagers?
The rising gas prices will affect teenages just as the rising gas prices affect everyone.
What means that prices on average are rising?
Another name for rising prices is inflation.
What is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
What is economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
Is an economic condition characterized by rising prices?
Inflation is an economic condition characterized by rising prices.
What triggers the rising prices of gas and fuel your thoughts?
What triggers the rising prices of gas and fuel, your thoughts
Give10 merits and demerits of globalisation in India?
Employment Education, Product Quality and Cheaper prices.
How do you solve the rising prices of fertilizer?
The only way to stop the rising prices of fetilizer is to stop growing crops for biofuels.
How much prices of goods and services are rising?
Inflation is where prices overall are rising. This is caused by the over printing of money by the Government.
What marked the 1920s?
Rising Stock prices
What was a chief cause of the rising prices of the 1970's?
The formation of OPEC and the increase in the price of oil was a chief cause of the rising prices of the 1970's
