contestada

Inflation will negatively affect your savings if it:
O A. Increases faster than your savings.
B. is deducted from your savings every paycheck,
C. Increases slower than your savings.
O D. is added to your savings every paycheck.

Respuesta :

Inflation will negatively affect your savings if it increases faster than your savings.

How does inflation affect your savings?

Inflation is when there is a persistent rise in the general price levels of an economy.

Savings is negatively affected if it increases faster than the rate of growth of ones savings. For example, if inflation increases at a rate of 20% and your savings increase by 10%. Te real increase in savings is 10% - 20% = -10%.

To learn more about inflation, please check: https://brainly.com/question/15692461

animaljamarctic

Answer:

A. Increases faster than your savings

Hope this helps :)

Otras preguntas