What Is Most Likely to Happen When Inflation Increases

question 2

Multiple Choice

What is most likely to happen when inflation increases?

• A) Consumers buy more discretionary merchandise.
• B) Consumers buy fewer personal care and home entertainment products.
• C) Off-price and discount retailers suffer from lower sales.
• D) Consumers buy lower-priced foods.
• E) Consumers buy less food.

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Definitions:

Fishlike Vertebrates

Aquatic animals featuring a backbone, including both true fish and fish-shaped species with similar living habitats and structures.

Million Years

A time unit used in geology and astronomy to describe extremely long periods, typically used in the context of the age of the earth or the distance of cosmological objects.

Population

Members of a species that reside and reproduce with each other in a particular location.

Annual Grass

A type of grass that completes its entire life cycle from seed to death within one year.