Ask Question
26 January, 05:12

What is it called when the goods of services go up but the value of money goes down?

+5
Answers (1)
  1. 26 January, 05:23
    0
    The impact that inflation has on the time value of money is it decreases the value of a dollar over time ... If wages remain the same but inflation causes the prices of goods and services to increase over time, it will take a larger percentage of your income to purchase the same good or service in the future.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What is it called when the goods of services go up but the value of money goes down? ...” in 📗 History if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers