Question

Would you ever protest rising prices in the United States

Would you ever protest rising prices in the United States

Homework Answers

Answer #1

Rise in price decreases the purchasing power of the money. So rise in price of products would make our income lower effectively. I would not protest inflation in the US because inflation is necessary and almost unavoidable even though we feel the burn in our pocket. It keeps the economic system balanced. Inflation leads to more spending, more spending leads to more wages to the employees. Lower prices means business is not going well and that leads to workers getting laid off.

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
You believe that oil prices will be rising more than expected and that rising prices will...
You believe that oil prices will be rising more than expected and that rising prices will result in lower earnings for industrial companies that use a lot of petroleum-related products in their operations. You also believe that the effects on this sector will be magnified because consumer demand will fall as oil prices rise. You locate an exchange traded fund, XLB, that represents a basket of industrial companies.You don't want to short the ETF because you don't have enough margin...
Would you be willing to pay for an item that is manufactured in the United States??
Would you be willing to pay for an item that is manufactured in the United States??
Why does the United States spend an ever-growing portion of its resources on medical services, although...
Why does the United States spend an ever-growing portion of its resources on medical services, although they are less cost-effective than other methods in improving health status?
In order for the United States to repay its international debt, the United States would need...
In order for the United States to repay its international debt, the United States would need to_____________.
How are consumer prices affected in the United States when the U.S. imposes a tariff on...
How are consumer prices affected in the United States when the U.S. imposes a tariff on imported washing machines from Korea? Would American made washing machines be affected differently than Korean made washing machines?
What would you say was the primary cause of the Great Depression in the United States....
What would you say was the primary cause of the Great Depression in the United States. How did the United States economy recover? How does this differ from the 2008 Recession in the United States? How can I structure my answer to this question into an essay? I want to talk about the stock market crash of 1929 as the primary cause of the great depression.
Rising oil prices worry U.S. finance chiefs    ​Tupperware's CFO says rising oil prices would cause the...
Rising oil prices worry U.S. finance chiefs    ​Tupperware's CFO says rising oil prices would cause the company to pay​ $15 million more for resin than it did a year ago. Resin prices are closely tied to the price of​ oil, which peaked at​ $114 a barrel in​ April, 2011.    ​Source:The Wall StreetJournal​, June​ 27, 2011        Suppose that the government puts a price cap on resin at the resin price in 2010.     We would expect a shortage of resin in 2011...
How would you use fiscal policy to make the citizens of the United States better off?...
How would you use fiscal policy to make the citizens of the United States better off? What would be the costs of your solution? Explain.
If the interest rate is rising and stock prices are simultaneously rising, then according to the...
If the interest rate is rising and stock prices are simultaneously rising, then according to the fundamental theory of stock pricing A Expected dividends of firms must be rising B The future price of the stock must be falling C There must be irrational agents in the market D The expected dividends of firms must be falling
When Japan opened its borders to trade with the United States in 1854: there were no...
When Japan opened its borders to trade with the United States in 1854: there were no gains from trade for the United States. the prices of Japanese exports to the United States rose. the terms of trade for Japan deteriorated. the prices of Japanese imports from the United States rose.