Answered

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Question 15 of 25
If there is a decrease in the money supply that causes prices to fall and leads
to deflation, what happens to money?
A. It changes from commodity money to fiat money,
B. It gains purchasing power.
C. It changes from fiat money to commodity money.
D. It loses purchasing power.

Sagot :

It gains purchasing power. Less money in circulation = more value.
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