Inflation is usually due either to greedy workers who want to earn more or to greedy retailers who want to charge higher prices for their products.

Question

Quizplus · Accepted Answer

This statement is false. Inflation can have various causes such as an increase in money supply, increase in demand for goods and services, decrease in supply of goods, increase in production costs, etc. It is not always due to the greed of workers or retailers.

Inflation Is Usually Due Either to Greedy Workers Who Want