Higher consumer prices are likely to be accompanied by:
A)lower union wages.
B)lower interest rates.
C)lower production costs.
D)higher interest rates.
E)higher exports.

Name: Higher consumer prices are likely to be accompanied by: A)lower union wages. B)lower interest rates. C)lower production costs. D)higher interest rates. E)higher exports.
Brand: Quizplus
Rating: 5.0 (33 reviews)

Question

Quizplus · Accepted Answer

Higher consumer prices often lead to higher interest rates as central banks may raise rates to control inflation.

Higher Consumer Prices Are Likely to Be Accompanied By