Question

Question

Refer to the article “The Value of Money” in your Money, Money, Money magazine for a complete version of this text.

Which excerpts from “The Value of Money” show a cause-and-effect relationship?

Select Yes or No for each excerpt.

“Purchasing power measures how many goods and services you can buy for a certain dollar amount.” yes or no

“In the 1970s, the supply of gasoline in the United States was scarce.” yes or no

“When a good or service becomes scarce, its price goes up.” yes or no

“Manufacturers of chocolate paid more for cocoa beans from their suppliers, which in turn drove up the cost of chocolate.” yes or no

Answer 1

Yeah, what the other person said

Answer 2

• Governments printing and circulating more money is a way for them to increase inflation on purpose." Yes

• "This means that wages have not kept up with inflation when it comes to housing prices." No,

• the answer is spending creates more demand for a product. the answer is yes you can

• no they actually paid less so that's not true

Step-by-step explanation:

i hope this helps