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If the inflation rate increases, the value of money. OA. increases O B. varies O C. decreases OD. stays the same SL

If the inflation rate increases, the value of money. OA. increases O B. varies O C. decreases OD. stays the same SL
asked 203k views
19 votes
If the inflation rate increases, the value of money.

OA. increases
O B. varies
O C. decreases
OD. stays the same
SL

asked
User Caotic
by
8.3k points

1 Answer

12 votes

Answer:

The answer is C.

Step-by-step explanation:

  • When inflation occurs, the value of money decreases as the same amount of money can’t buy the same amount of products like before.
answered
User Nicomp
by
8.5k points
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