The Quantity Theory states that inflation a. occurs when demand for goods and services exceeds existing supply. b. is caused by too much money in the economy. c. occurs when producers raise prices to meet increased costs. d. is a result of the rise in wages due to a rise in prices.

Question

The Quantity Theory states that inflation a. 	 occurs when demand for goods and services exceeds existing supply. b. 	 is caused by too much money in the economy. c. 	 occurs when producers raise prices to meet increased costs. d. 	 is a result of the rise in wages due to a rise in prices.

nurali · Answer

i think is caused by too much money in the economy.