If the inflation rate falls,people are likely to

Name: If the inflation rate falls,people are likely to
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Question

Quizplus · Accepted Answer

If the inflation rate falls, there is less pressure to change prices frequently, as prices become more stable. This means businesses may change prices less frequently. Additionally, if inflation falls, interest rates may also fall, making it less appealing to go to the bank. Therefore, people are likely to change prices less frequently and go to the bank less frequently.

If the Inflation Rate Falls,people Are Likely to