Which is the most likely result of incomes not rising as quickly as inflation?

Question

(1 point)
O People are able to buy fewer goods and services.
O The unemployment rate rises as more people look for jobs.
O
Many people decide to leave the labor force.
O Consumers buy more goods before inflation raises prices more.

Answer 1

The most likely result of incomes not rising as quickly as inflation is:

O People are able to buy fewer goods and services.

When incomes do not keep pace with inflation, individuals' purchasing power decreases, leading to the inability to afford the same level of goods and services as before.