describe two causes of increase in the value of money
Answers
Answered by
1
Answer:
causes of increase in the value of money:
cost-pull inflation happens when supply decreases creating a shortage.
producers raise prices to meet the increasing demand for their goods or services.
increase in wage,monopoly pricing, natural disasters, government regulations and currency exchange rates often decrease supply vis-a-vis demand.
"i hope it will help you".
Answered by
0
Answer:
Explanation:
Cost-pull inflation happens when supply decreases, creating a shortage. Producers raise prices to meet the increasing demand for their goods or services. Increase in wages, monopoly pricing, natural disasters, government regulations, and currency exchange rates often decrease supply vis-à-vis demand.
Similar questions