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 …

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