Question

question 9
1 pts
in economics, what is the main difference between consumers and producers?
consumers make goods and services, while producers buy them
consumers buy and use goods and services, while producers make and sell them
consumers always work in factories, while producers work in stores
consumers set prices, while producers decide how much to buy
question 10
1 pts
in economics, what does the term inflation mean?
a general rise in the prices of goods and services over time
a decrease in the money supply in the economy
an increase in peoples wages without any change in prices
a sudden drop in stock market values

Explanation:

In economics, consumers are entities that purchase and use goods and services, while producers create and sell them. Inflation is defined as a general increase in the prices of goods and services over time.

Answer:

Question 9: B. Consumers buy and use goods and services, while producers make and sell them
Question 10: A. A general rise in the prices of goods and services over time