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 …

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[Free Pdf] 100 Best Economics Questions and MCQs with detailed explanation

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