English
English, 07.05.2020 10:00, mommyp1973

Refer to the article "The Value of Money" in your Money, Money, Money magazine for a complete version of this text.

Based on the reasons and evidence in the "Inflation" section of the text, which sentence best states a point made by the author?

"A little price inflation is good for an economy."

"When a good or service becomes scarce, its price goes up."

"More spending creates more demand for a product."

"Purchasing power measures how many goods and services you can buy for a certain dollar amount."

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Answers: 3

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