Which of the following occurs when the quantity of money in circulation in a country rises faster than the country's stock of goods and services?

Name: Which of the following occurs when the quantity of money in circulation in a country rises faster than the country's stock of goods and services?
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Question

Quizplus · Accepted Answer

Inflation occurs when the quantity of money in circulation rises faster than the stock of goods and services, that is, when the money supply increases faster than output increases.

Which of the Following Occurs When the Quantity of Money