Asked by Anonymous

Inflation is defined as a rise in the general level of prices. When inflation occurs, the buying power of the dollar would.
A. increase
B.decrease
C.remain stable
D. not be affected by inflation
Answered by Leo Galleguillos
What do you think the answer is?
Answered by Amity
decrease
Answered by Writeacher
Amity is right.

When prices rise, but people's income remains the same, they can buy less for their money. Prices rise; buying power decreases.
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