(U.S) What causes yearly inflation, and why can’t wages increase at the same rate? 566 viewsJanuary 3, 2024 Question90.59K May 21, 2020 0 Comments (U.S) What causes yearly inflation, and why can’t wages increase at the same rate? In: Economics 5 Answers ActiveNewestOldest Anonymous Posted May 22, 2020 0 Comments Inflation is caused by money being created faster than goods and services. Wages are, increasing at the same rate. When you hear that real wages haven’t gone up, it means that they haven’t gone up higher than inflation but at the same rate. You are viewing 1 out of 5 answers, click here to view all answers. Register or Login
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