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17y ago

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Too much money chasing too few goods?

whats caused by too much money chasing too few goods?


The economic problem can be explained in terms if too many people chasing few goods Explain What are the main causes of inflation?

Inflation is a persistent increase in the level of consumer prices or a persistent decline in the purchasing power of money, caused by an increase in the available currency and credit beyond the proportion of available goods & services.


What is inflation how it will increases?

inflation means the price level is very high in the society. more money chasing few goods that s called inflation .


How does inflation effect cost of capital?

Inflation is too many dollars chasing too few goods. It happens when the money supply is variable and the cost of borrowing from commercial lenders (1. federal reserve) is too low.


What is the responsible for inflation according to the demand-pull theory?

According demand-pull theory, what causes inflation is a strong demand and a lower supply. By having a greater demand, people pull prices up. Economists will often say that demand-pull inflation is a result of too many dollars chasing too few goods.


How many net books are they?

a few goods.


Was anyone killed doing tornado chasing?

Yes. A few people have been killed while storm chasing. Though oddly, no storm chaser has yet been killed by a tornado.


Which economic term is that 'too many people chasing few good'?

If "too many" people chase more goods than all of them together can by you'll end up either with (1) inflation or with (2) economic growth (now I assume we are in a macro-economic context, looking at total output of goods and services). The first possibility arises if the number of goods cannot be increased / the economy is operating at full employment: everybody already works like mad and no further goods and services can be produced. In this case, companies will increase prices, i.e. sell to those who are willing to pay most. The second case arises if the economy produces an output below equilibrium: people would like to work more and/or lots of cheap money is available for borrowing and buy more machines and offices. In this case, production is increased, and everybody (or most) will be better off. Today's situation is the opposite: there is a lack of possibilities to borrow money, output cannot be increased anymore and people are chasing less goods. We should end up with a recession, deflation or both (currently only asset prices are "deflating" at high speed..).


How do you convert the sentence 'a few monkeys started chasing him' to simple past tense?

A few monkeys started to chase him.


How many people die yearly from storm chasing?

The number of fatalities from storm chasing varies each year, but on average, there are a few deaths related to storm chasing incidents annually. Factors such as severe weather conditions, vehicle accidents, and the inherent dangers of being in close proximity to tornadoes or severe storms contribute to these fatalities. While exact statistics can fluctuate, safety awareness and proper training can help reduce these risks for storm chasers.


What are the countries that China export its goods to?

china exports it's goods to many countries. just to name a few: AMERICAS, ASIA, CHINA, so on and so forth!


Raising taxes can help control inflation because?

Inflation is too much money chasing too few goods. If the new revenue from raising taxes is used to pay down debt, raising taxes can help control inflation by reducing discretionary income.