asked 31.6k views
2 votes
As inflation increases, it causes the money you earn today to have _____.

asked
User Surj
by
7.6k points

1 Answer

0 votes

Answer:

Loses its value

Explanation:

Inflation is the decrease in the purchasing power of a currency. That is, when the of prices rise, each person can buy fewer goods and services in aggregate.

answered
User Imjp
by
7.9k 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.