Question

Luz manages a chain of bars and restaurants In a tri-county area that has recently experienced an
economic boom because of fracking and high Oll prices. What is most likely to happen when there is
too much money in the tri-county economy?

0 too many goods and services

0 a drop in interest rates

0 high economic growth
—) 0 an Increase In prices

Answer 1

Answer:

An Increase in Prices.

Explanation:

Luz manages a chain of bars and restaurants In a tri-county area that has recently experienced an  economic boom because of fracking and high oil prices. Prices will be increased when there is  too much money in the tri-county economy. Whenever there is an economic boom in any economy, people gets the buying power and they start spending and buying things which they could not have bought when they were not having any purchasing power, therefore, in this case prices of the things go up when people get the purchasing power.