Question

Rising prices of goods and services can be the result of

Answer 1

An overall rise in prices over time reduces the purchasing power of consumers, since a fixed amount of money will afford progressively less consumption. Consumers lose purchasing power whether inflation is running at 2% or at 4%; they just lose it twice as fast at the higher rate.

Answer 2

Rising Prices Of Goods And Services Is The Result Of The inflation of Money Overtime, As Time Goes On Values Rise.