According to "The Value of Money," what is one reason that inflation happens? There is a decrease in overall wages. Parts needed to make certain products become cheaper. The government decides to print less money. Supply shock makes goods and services hard to find.

Inflation can result from rising demand and reduces the value of money. Money loses value when its purchasing power falls. Since inflation is a rise in the level of prices, the amount of goods and services a given amount of money can buy falls with inflation.

equal pay act of 1963. the equal pay act, signed in to law by president john f. kennedy on june 10, 1963, was one of the first federal anti-discrimination laws that addressed wage differences based on gender. they felt that this would prevent employers from undercutting future wages for men.