Economy, asked by sehzinkapadia, 9 months ago

explain the statement too much money chasing too few goods causes inflation.​

Answers

Answered by anjayushi
4

Answer:

That means: If you chase the money all your life and do no good deed ,you'll be meeting me in hell.

Hope you like.

Answered by harshpatel7218
4

Answer:

Demand pull inflation is when the aggregate demand in the economy rises more than the aggregate supply.

This means that the goods and services produced are lesser than the demand for them.

This is commonly described as "too much money chasing too few goods."

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