Inflation is caused by ________________.
A) unions
B) rapid growth of money supply
C) excess supply
D) low rates of capacity utilization

Question

Quizplus · Accepted Answer

Inflation is primarily caused by a rapid growth of the money supply, which can lead to too much money chasing too few goods and services, driving up prices. Other factors such as increased demand, decreased supply, and rising production costs can also contribute to inflation. However, the most direct cause of inflation is an increase in the money supply.

Inflation Is Caused by ________________