In the long run,the inflation rate depends primarily on

Question

Quizplus · Accepted Answer

The inflation rate is primarily determined by the growth rate of the money supply in the long run, as inflation occurs when there is too much money chasing too few goods and services. This can happen if the money supply grows faster than the rate of economic growth. The other options may have some effect on inflation in the short run, but do not have the same long-term impact as the money supply growth rate.

In the Long Run,the Inflation Rate Depends Primarily on