A change in expectations about future prices by consumers, who now believe that prices will be higher than they earlier thought, will eventually result in a(n)

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When consumers expect future prices to be higher, they are likely to spend more now before prices go up, increasing demand for goods and services. This can lead to higher demand for loans to finance this increased spending, pushing up interest rates as lenders charge more for the now more in-demand loans.

A Change in Expectations About Future Prices by Consumers, Who