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23 January, 23:22

What are the signs of high inflation? Check all that apply.

Production begins to fall.

Production begins to rise.

Interest rates decrease.

Interest rates increase.

Purchasing power falls.

Banks grant fewer loans.

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  1. 24 January, 01:10
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    The answers are the number of production begins to fall, the Interest rates increase, Purchasing power of consumers fall and Banks will grant fewer loans. During High inflation, the production of numerous products fall, which causes higher product prices, purchasing power falls because of the high prices and banks grant fewer loans, because jobs may also be lost due to the high inflation and may cause slower payments and can also cost banks to close and jobs to be lost.
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