Huskin265
Answered

At Westonci.ca, we provide clear, reliable answers to all your questions. Join our vibrant community and get the solutions you need. Connect with professionals on our platform to receive accurate answers to your questions quickly and efficiently. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.

What occurs when there is a lot of money in circulation, but it is worth less and prices are rising? A. inflation B. shortage C. deflation D. recession

Sagot :

Gibbs
A) Inflation is what occurs when there is a lot of money in circulation, but it is worth less because prices are rising. High inflation is a major concern of most modern economies and central banks work to prevent inflation from occurring. 

Answer: A. inflation

Explanation:

Inflation is an economic condition in which there is sustained increase in the general price levels in the economy. This involves the sudden increase in the cost of goods and services. This is because of excessive growth of money supply or circulation. The parameters on which inflation rate can be judged includes the general price index and consumer price index.

Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.