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Sagot :
Final answer:
Rising inflation results in immediate higher prices, affecting trade, hiring, and the money supply.
Explanation:
Rising inflation has the most immediate impact of higher prices. As prices rise due to inflation, goods become relatively more expensive, leading to increased demands for foreign goods. This surge in prices affects the overall economy, influencing decisions on trade, hiring, and the money supply.
Learn more about Inflation and its impacts here:
https://brainly.com/question/38771603
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