Which of the following would cause consumer prices to drop?
A)Increased consumer borrowing
B)Higher spending by consumers
C)A demand for higher wages
D)Hidden inflation
E)Increased supply by business without increased consumer demand

Question

Quizplus · Accepted Answer

Increased supply by businesses without an increase in consumer demand typically leads to lower prices as businesses attempt to sell their excess inventory, often by reducing prices to attract buyers.

Which of the Following Would Cause Consumer Prices to Drop