asked 117k views
1 vote
Why is there an increase in production during inflation

asked
User Sauli
by
8.6k points

2 Answers

1 vote
Inflation is an increase of the value of things produced in a country. So just as one would think when the value of things increases more of them will be produced. This improves the economy and makes the country better.
answered
User Greg Rogers
by
8.3k points
7 votes
because when inflation occurs, the demand is higher than the amount of the good or service being produced, so the producers try and up the rate of production to decrease inflation and meet the demand needs of the consumers
answered
User Tanase Butcaru
by
7.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.