The most visible consequence of inflation is
A)A rise in employment.
B)A rise in production.
C)A rise in the price level.
D)A change in government regulation.

Question

Quizplus · Accepted Answer

Inflation is characterized by a sustained increase in the price level of goods and services in an economy. This means that the currency of the country becomes less valuable, and it takes more of it to purchase the same amount of goods and services. As prices rise, the purchasing power of consumers is reduced, which can have negative effects on the economy such as reduced economic growth and increased unemployment. Therefore, the most visible consequence of inflation is a rise in the price level.

The Most Visible Consequence of Inflation Is