If inflation is rising quickly but wages are not increasing at the same rate, what do you think happens to people’s spending behavior and the overall economy and why?
If inflation is rising quickly but wages are not increasing at the same rate, what do you think happens to people’s spending behavior and the overall economy and why?
byu/Pristine-Truck-1266 inAskEconomics
Posted by Pristine-Truck-1266
1 Comment
Where do you live such that wages are not keeping pace with inflation?