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 an increase in the general price level of goods and services, which means that the purchasing power of money decreases. The most visible consequence of inflation is a rise in the price level, which means that people need more money to buy the same amount of goods and services they used to be able to buy before inflation.

The Most Visible Consequence of Inflation Is