Ask Question

Why is there an increase in production during inflation

+3
Answers (2)
  1. 22 May, 13:55
    0
    Inflation is an increase of the value of things produced in a country. So just as one would think when the value of things increases more of them will be produced. This improves the economy and makes the country better.
  2. 22 May, 14:05
    0
    Because when inflation occurs, the demand is higher than the amount of the good or service being produced, so the producers try and up the rate of production to decrease inflation and meet the demand needs of the consumers
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Why is there an increase in production during inflation ...” in 📗 Social Studies 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