tparr3322
tparr3322 tparr3322
  • 09-06-2022
  • Social Studies
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what happens when inflation gets too high

Respuesta :

sweetpeachrblx sweetpeachrblx
  • 09-06-2022

Answer:

When inflation rises, the cost of living goes up, as confirmed by the Office for National Statistics this year. The purchasing power of individuals is also reduced, especially when interest rates are lower than inflation.

Explanation:

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