Which of the following is a likely cause of increased prices for products,decreased purchasing power,and decreased profit margins?
A) low unemployment
B) stagnant wages.
C) declining living standards
D) cyclical inflation
E) limited credit

Question

Quizplus · Accepted Answer

A)Potential results of low unemployment include increased prices, decreased purchasing power, and decreased profits.

Which of the Following Is a Likely Cause of Increased