Question

Which of the following do consumers usually want to see rise with inflation?

1) personal income
2) interest rates
3) money supply
4) federal taxes

Answer 1

Consumers usually want to see personal income rise with inflation.

Step-by-step explanation:

Consumers usually want to see personal income rise with inflation. When there is inflation, the prices of goods and services increase, and individuals with higher incomes can better afford these higher prices. Therefore, a rise in personal income can help consumers maintain their purchasing power in the face of inflation.