Economy, asked by vvsts1728, 6 months ago

more money chasing less goods and services means​

Answers

Answered by sharanyalanka7
3

Answer:

Explanation:

Demand-pull inflation is the upward pressure on prices that follows a shortage in supply. Economists describe it as "too many dollars chasing too few goods." Demand-pull inflation is a tenet of Keynesian economics that describes the effects of an imbalance in aggregate supply and demand

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