What can cause inflation - SS2 Economics Causes & Effects of Inflation/Deflation Question
What can cause inflation?
A
An increase in production costs
B
A decrease in demand for goods and services
C
A decrease in the money supply
correct option: c
(Inflation decreases the value of money, meaning that the same amount of money can buy fewer goods and services)
Please share this, thanks:
Add your answer
No responses