The inflationary spiral explains the causes and effects of high inflation. The spiral usually begins with a rise in production costs. What is the direct effect?

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14-06-2016
Social Studies

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The inflationary spiral explains the causes and effects of high inflation. The spiral usually begins with a rise in production costs. What is the direct effect?

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metchelle metchelle · Answer 1 · 2016-06-23T05:08:40+02:00

metchelle metchelle

23-06-2016

The direct effect of the inflationary spiral would be in the value of the goods, as the production cost rises the output generated by the production will surely be more expensive added by the value overhead and shipping cost in which the end consumer will be most affected.

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