If there is an increase in the money supply that causes prices to rise and
leads to inflation,...
Mathematics, 19.05.2020 14:13 broach605
If there is an increase in the money supply that causes prices to rise and
leads to inflation, what happens to money?
A. It gains purchasing power.
B. It loses purchasing power.
c. It changes from commodity money to fiat money.
D. It changes from fiat money to commodity money.
Answers: 2
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