Answered

Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.

What is the correlation between consumer spending, discounts, rising prices, and the economy

Sagot :

Tundexi

Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.

What is an inflation?

An inflation means a persistent rise in general level of goods and service in a particular year.

  • Inflation affects consumer spending because the purchasing power of currency reduces
  • Inflation affects discount rates
  • Inflation results to rising price of goods and services
  • Inflation gives the overall economy a hard time

In conclusion, an Inflation is the correlating factor between consumer spending, discount, rising prices and the economy.

Read more about Inflation

brainly.com/question/777738

We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.