Higher prices are likely to result from:
A)increased spending by consumers.
B)increased production by business.
C)lower interest rates.
D)lower demand by consumers
E)an increase in the supply of a product.

Question

Quizplus · Accepted Answer

Increased spending by consumers leads to higher demand for products, which can then result in higher prices as businesses try to capitalize on the increased demand by increasing their prices.

Higher Prices Are Likely to Result From