If there is a lack of money supply in comparison to the supply of goods and services, then the possible consequence would be ___

Question If there is a lack of money supply in comparison to the supply of goods and services, then the possible consequence would be ___? Options a. Hyperinflation b. Inflation c. Deflation d. Devaluation Solution Right Answer: Option c Extra Details:Deflation is the decline in the prices of goods and services that occur when the rate … Read more

100 plus Best Economics Questions [Free Pdf] with detailed explanation

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100 BEST Economics Questions with detailed solution. Questions are taken from SSC CGL, CHSL, CPO; USPC EPFO, APFC, CISF, CDS, NDA, UGC NET and Important for all competitive exams. Economics Questions with solution Part 1 Q. 1 If there is a lack of money supply in comparison to the supply of goods and services, then … Read more