"The printing of more currency notes will increase inflation. "Do you agree with this statement? Present arguments in support of your answer
Answers
Answered by
10
Answer:
yes I defend this statement because when currency printed more the money supply in the economy will rise that will lead to increase in demand and increase rates cause inflation
Answered by
0
Answer:
Yes printing of more currency notes will increase inflation.
Explanation:
Because if more money is printed everyone will have huge amount of cash with them which will lead everyone to buy more goods and services. As the demand of goods increases the price also will increase as it can't meet the supply, which will lead to increase in inflation.
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