The problems that inflation creates for society are caused primarily by
A)greed on the part of sellers
B)uncertainty regarding the rate at which different prices are increasing or will increase
C)too much incentive to lend money
D)greed on the part of union leaders
E)governments' actions to reduce the effects of inflation

Question

Quizplus · Accepted Answer

Inflation creates uncertainty regarding the rate at which prices are increasing, making it difficult for businesses and consumers to make informed decisions about spending and investment. This can lead to economic instability and can negatively affect the purchasing power of individuals and the overall health of the economy. While greed and other factors may contribute to inflation, uncertainty is the primary issue that inflation creates for society.

The Problems That Inflation Creates for Society Are Caused Primarily