what are the effects of money on Economy
Answers
Answered by
0
Answer:
An increase in the money supply means that more money is available for borrowing in the economy. This increase in supply–in accordance with the law of demand–tends to lower the price for borrowing money. When it is easier to borrow money, rates of consumption and lending (and borrowing) both tend to go up.
Answered by
0
Answer:
With the rapid and uncontrolled inflow of money to the country, the consumption rates and especially luxury consumption are increase. However, there may be significant increases in exports, imports, foreign payments deficit, inflation, interest, and unemployment rates.
IT MAY HELP YOU . PLEASE MARK ME AS A BRAINLIST
Similar questions