Related to the Economics in Practice on p.656: Surveys by the bank of England suggest that two important factors in influencing consumer perceptions of inflation are ________ and ________.
A)the value of the British pound; the value of the euro
B)food prices; the stock of money
C)interest rates; the unemployment rate
D)gas prices; media attention to price increases

Question

Quizplus · Accepted Answer

Gas prices and media attention to price increases are significant factors that influence consumer perceptions of inflation, as they are highly visible and directly impact daily expenses.

Related to the Economics in Practice on P