Question

What is one effect of inflation on an economy? A. The unemployment rate goes down slowly. B. The price of goods rises over time. C. The amount of international trade declines. D. The value of currency rises quickly.​

Answer 1

Answer:

B

Explanation:

Inflation is when someone like the government needs to pay someone back and they don't have enough money. They start printing money and now more money is in circulation which derails the value of the currency and now you will have more money but everything will be more expensive to help battle the inflation.

Early examples of inflation were during the great depression in Germany where you would need a shopping cart filled with the highest bills to pay for one loaf of bread

Answer 2

One effect of Inflation on an economy is that the price of goods rises over time.

What do you mean by Inflation?

Inflation is the rate of increase in prices over a period of time. Inflation is usually a broad measure, such as a sharp rise in prices or an increase in the cost of living in a country.

They started printing money and now there is a lot of money circulating which derails the amount of money now you will have more money but it will all be more expensive to help fight inflation.

The earliest examples of inflation were in times of great stress in Germany when you would need a shopping cart full of very highest bills to pay for one loaf of bread.

Hence, Option B is the correct statement.

Refer to this link to learn more about Inflation:

https://brainly.com/question/777738