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divastacy1 Group Title

Higher consumer prices are likely to be accompanied by: A. lower union wages. B. lower interest rates. C. lower production costs. D. higher interest rates.

  • one year ago
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  1. sidharthsss Group Title
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    Higher interest rates. Higher interest rates will increase the firm's cost of raising capital.This will lead to low production or production at higher cost.That's why consumer prices will be high.

    • one year ago
  2. scrowe7 Group Title
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    Higher consumer prices are likely to be accompanied by higher interest rates, inflation, an increase in real wages, or a decrease in consumption.

    • one year ago
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