Inflation has risen to over 10% and is at the highest rate it has been for a long time.
How could this affect society (people), and the economy?

Answers

Answer 1

Answer:

Inflation is crucial to the economy because inflation can reduce the value of investment returns.

Inflation raises prices, lowering your purchasing power. Inflation also lowers the values of pensions, savings, and treasury notes.

Many people especially those with less salary will be greatly affected.

Answer 2
I will sum it down. Inflation cause items to be more money while the people are still being payed the same. This causes people to run out of money and not have a thriving household. The economy is like a cause and effect. The more on thing costs the more the next thing costs. This makes everything over priced and overwhelming for the people and the economy.

Related Questions

Rocks Under Pressure Quick Check
2 of 42 of 4 Items
Question
Use this paragraph: Carlon is using two wooden blocks to model the movement of Earth’s plates. He pushes one block forward and the other block backward, rubbing their surfaces together.

Which Earth feature is he modeling?

(1 point)
Responses

strike-slip fault
strike-slip fault

rift valley
rift valley

normal fault
normal fault

thrust fault

Answers

Normal faults went rock under pressure quick checking

Carlon is modeling normal fault which is a feature of the earth. Thus, option C is correct.

What is an Earth?

"The definition of Earth is a planet in the solar system where livelihood is known to exist. It is the third planet from the sun and is home to both living and non-living organisms. It has one moon and revolves around the sun."

Normal faults are in many cases found along disparate plate limits, for example, under the sea where new hull is framing. Long, profound valleys can likewise be the aftereffect of typical blaming.

A normal fault is a plunge slip issue in which the block over the shortcoming has moved descending compared with the block underneath. This sort of blaming happens because of expansion and is in many cases seen.

Therefore, option C is the correct option.

Learn more about Earth, here:

https://brainly.com/question/12041467

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The last Prime Minister who was voted in only by national election was David Cameron in 2010. How is this different from how Liz Truss became Prime Minister?

PLEASE ANSWER QUICKLY!

Answers

Answer:

Three years ago, Boris Johnson led Britain’s Conservative Party to its biggest election victory in decades.

Six years ago, Liz Truss was an important Conservative voice in the unsuccessful campaign for Britain to remain part of the European Union.

But on Sept. 6, Mr. Johnson stepped down, forced out by his own party. And Ms. Truss replaced him, after winning over the party’s right as a Brexit-championing foreign secretary.

Its difficult to get rid of a prime minister, but it could occur if they either resign or the party could decide alone the minister is not fit for the high job. The job goes to the leader of the political party with a parliamentary majority. The party can oust its leader and choose another one, changing prime ministers without a general election.

Boris Johnson’s party forced him to step down. Johnson’s position started to weaken late last year, with a series of scandals involving parties during Britain’s coronavirus lockdown that eventually brought him a fine and a stinging official report. In June, he survived a no-confidence vote among his party’s lawmakers. His downfall is still majorly debated amongst British citizens, people standing with him: saying that he was just doing what many others were doing and the majority against him, and Johnson was and possibly still is being called a "hypocrite"

Eleven lawmakers sought to run this time, with the final two candidates — Rishi Sunak and Mary Elizabeth Truss (formally known as Liz truss) — emerging on July 20 after five rounds of voting.

Party members questioned both Sunak and Truss at a series of meetings around Britain over the summer. Voting, by mail and online, opened in early August and closed on Sept. 2. Succeeding, Liz Truss won, many saying that she only won due to Rishi's skin tone. Opponents also have drawn attention to Sunak’s wealth, with one cabinet minister pointing to reports that one of his suits cost £3,500, adding that Truss wore earrings that cost £4.50.

Liz Truss, later resigned after 40+ days as minister. Rishi Sunak then was voted in on the 25th October 2022

David Cameron entered No. 10 Downing Street as prime minister, after returning the Conservative party to power after 13 years.

David accepted the (late) Queen's invitation to form a new government shortly before 9pm and minutes later spoke to the country outside Downing Street alongside his wife, Samantha, and stated he will establish a "proper and full" coalition with the Democrats - the first in British politics since 1945.

It follows four full days of intense negotiations between all three main political parties sparked by last week's election which delivered a hung parliament.

He began by paying tribute to the Labour government for handing on a country that is "more open at home and more compassionate abroad," and paid tribute to Gordon Brown's "long record of dedicated service".

"This is going to be hard and difficult work," he said, adding that coalition government "will throw up all sorts of challenges. But together, I believe we can provide the strong and stable.

Both Truss and Cameron were each voted in only by a national election

Explanation:

. this should be worth more points
Liz truss was gone quick

The last Prime Minister who was voted in only by national election was David Cameron in 2010. How is this different from how Liz Truss became Prime Minister?

Answers

Answer:

She was elected because the current prime minister resigned.

Explanation:

Answer:

Explanation:

Liz Truss only became the PM only by public votes rather than in the party as she would have lost.

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