explain the statement too much money chasing too few goods causes inflation.
Answers
Answered by
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
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."
Similar questions