As inflation increases, it causes the money you earn today to have _____.

(1 point)
Responses

more value in the future
more value in the future

less value in the future
less value in the future

more purchasing power in the future
more purchasing power in the future

no purchasing power effect in the future
no purchasing power effect in the future

1 answer

As inflation increases, it causes the money you earn today to have less value in the future.

Similar Questions
  1. Your ability to borrow money at lower rates improves as _____.(1 point) Responses you save more you save more you earn more you
    1. answers icon 1 answer
  2. Multiple Choice._____ is when an asset increases in value. (1 point) Responses Depreciation Depreciation Appreciation
    1. answers icon 1 answer
    1. answers icon 1 answer
    1. answers icon 1 answer
more similar questions