which of your actions will be affected by economic factors and how?
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Answer:
- Exchange Rate. ...
- Tax Rate. ...
- Inflation. ...
- Labor. ...
- Demand / Supply. ...
- Wages. ...
- Law and Policies.
When prices rise for energy, food, commodities, and other goods and services, the entire economy is affected. Rising prices, known as inflation, impact the cost of living, the cost of doing business, borrowing money, mortgages, corporate and government bond yields, and every other facet of the economy.
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