The Rising or Falling of Prices That Causes Changes in Buying

question 64

Multiple Choice

The rising or falling of prices that causes changes in buying power is referred to as ____________ risk.

• A) interest-rate
• B) inflation
• C) income
• D) personal
• E) liquidity

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Definitions:

Grocery Shoppers

Individuals engaged in the activity of purchasing food and other household supplies from grocery stores or supermarkets.

Primary

Refers to data or sources that are original and collected first-hand for a specific purpose or research project.

Households

Units consisting of individuals living together, typically sharing living quarters and making joint decisions regarding consumption.

African American

An ethnic group in the United States with ancestors from Africa, particularly those whose ancestors were enslaved and brought to the US.