ASSIGNMENT TEMPLATE
Identify one economic trend that is influencing Charles and Ebony's budget. Then, in your
own words, explain how it is connected with what you see happening in their
expenditures. (Your response should be 4-5 sentences.)
Remember, if you use any information or ideas from the webtext, be sure to add a citation
(and include quotation marks around any exact wording).

Question

18-04-2022
Business

contestada

ASSIGNMENT TEMPLATE
Identify one economic trend that is influencing Charles and Ebony's budget. Then, in your
own words, explain how it is connected with what you see happening in their
expenditures. (Your response should be 4-5 sentences.)
Remember, if you use any information or ideas from the webtext, be sure to add a citation
(and include quotation marks around any exact wording).

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anthougo anthougo · Answer 1 · 2022-04-28T14:25:04+02:00

One economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.

What is an economic trend?

An economic trend is a pattern of economic activities, which are usually formed and interpreted by economists from some sets of data.

Inflation is defined as the general increase in the prices of basic goods and services, like transportation, health care, food, and housing.

Inflation digs holes in the purchasing power of individuals, businesses, and governmental bodies in an economic system.

Thus, one economic trend influencing Charles and Ebony's budget, especially their inability to afford goods and services, is inflation or rising costs.

Learn more about economic trends at https://brainly.com/question/2667914