If the inflation rate increases faster than their income, people will most likely

A. use a higher proportion of their incomes on basic needs

B. spend a lower proportion of their incomes on basic needs

C. get more goods and services for less money

D. obtain less goods and services for less money

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29 December, 01:27

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Trevor Jordan · Answer 1

D. Obtain less goods and services for less money

If the inflation rate increases faster than their income, people will most likelyA. use a higher proportion of their incomes on basic needsB. spend a lower proportion of their incomes on basic needsC. get more goods and services for less moneyD. obtain less goods and services for less money