Which of the following is a cause of inflation?

a.

consumers growing apathetic and failing to notice attempts to raise prices

b.

demand continually exceeding supply, leading to an imbalance of money and goods in the market

c.

a natural consequence of the use of money instead of trade goods

d.

government intervention demanding that prices be raised

Question

Kenyon

Mathematics

30 December, 22:13

Which of the following is a cause of inflation?

a.

consumers growing apathetic and failing to notice attempts to raise prices

b.

demand continually exceeding supply, leading to an imbalance of money and goods in the market

c.

a natural consequence of the use of money instead of trade goods

d.

government intervention demanding that prices be raised

+3

Answers (2)

Know the Answer?

Kiera Parrish · Answer 1

According to e2020, the answer is b

Lily Combs · Answer 2

a. consumers growing apathetic and failing to notice attempts to raise prices b. demand continually exceeding supply, leading to an imbalance of money and goods in the market c. a natural consequence of the use of money instead of trade goods d. government intervention demanding that prices be raised