____ goes up temporarily - people rush to buy more before prices go up even more. But then if wages don’t go up in line with inflation, sales go down as people can ____. Sales don’t go down as much with demand pull inflation - demand pull inflation happens because there’s ____. Inflation cause ____ and makes it hard for businesses to ____ ahead. This makes them ____ less. Inflation can be good for ____ and bad for ____ - loans are worth more when you get them than they are when you have to repay them. ____ inflation makes profit margins go down if businesses decide not to put up their prices. Demand- pull inflation can actually make ____ go up. Businesses operating at or near ____ can put up prices in response to high demand without their costs going up by as much. Workers with good ____ can make their earning keep up with inflation. Workers with poor barging power lose out. Their income isn’t worth as much in terms of what it can buy. Inflation in the UK makes UK exports ____ abroad. UK business become less ____.

Inflation - A-Level Business

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