Social Studies, 12.11.2020 19:50 dwebster9099
Help hurry 51 point someone help me answer Which statement best describes what high inflation indicates about an economy?
The purchasing power of a dollar remains the same as 15 years ago, so high inflation has no impact on the
economy
A worker's salary today will buy the same amount of groceries for the same price as 10 years ago.
Rising costs in housing, food, and utilities will likely have a negative impact on a family's standard of living.
The government will not work to manage inflation when it is at high levels since there is no policy that has
proven to be effective
Answers: 2
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Help hurry 51 point someone help me answer Which statement best describes what high inflation indica...
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