Get Help And Discuss STEM Concepts From Math To Data Science & Financial Literacy
STEM Gender Equality | Join us on ZOOM | Spreading Mathematical Happiness

Help The Education Support Forum through MathsGee serve learners across Africa with a DONATION

0 like 0 dislike
57 views
Which of the following statements is true about inflation:
A. It increases when the money supply decreases.
B. It has little effect on consumers' ability to save.
C. It is usually caused by a supply surplus.
D. It decreases the value of money.
in Financial Literacy by Diamond (38,542 points) | 57 views

1 Answer

0 like 0 dislike
D. it decreases the value of money

When there is inflation prices rise and when this occurs business and individuals  buy less with the same amounty of money thus the value of money decreases
by Wooden (2,435 points)

Related questions

0 like 0 dislike
1 answer
asked Sep 27 in Grade 9 EMS by CT Silver Status (28,718 points) | 10 views
0 like 0 dislike
1 answer
asked Sep 27 in Grade 9 EMS by CT Silver Status (28,718 points) | 7 views
0 like 0 dislike
1 answer
0 like 0 dislike
1 answer
0 like 0 dislike
1 answer
0 like 0 dislike
1 answer

Welcome to MathsGee Q&A Bank, Africa’s largest personalized STEM and Financial Literacy education network that helps people find answers to problems, connect with others and take action to improve their outcomes.


MathsGee Q&A is the STEM and Financial Literacy knowledge-sharing community where students and experts put their heads together to crack their toughest questions.


Help The Education Support Forum through MathsGee serve learners across Africa with a DONATION

Enter your email address: