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What is likely to occur during a period of inflation? (Standard 5.7)
O More than one of the above will occur
O People are likely to save money since prices are increasing
O I have no idea what the answer is.
O People are likely to spend their paychecks instead of placing their money in a
savings account
O People will not purchase land or valuable metals

What is likely to occur during a period of inflation? (Standard 5.7) O More than one of the above will occur O People are likely to save money since prices are class=

Answer :

During an inflation, people  are likely to spend their pay checks instead of placing their money in a savings account.

What is an inflation?

Inflation is a period that is characterised by a general increase in the price levels of goods and services. During an inflation, the value of money would erode quickly. This would discourage people from saving it. They would instead prefer to spend their monies.

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

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