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What happens when there is an increase in the price of goods and a decrease in the value of money?
Wiki User
∙ 11y ago
Basically a huge financial debt... or you'll have to resort to using gold, silver, or other valuable precious metals
Wiki User
∙ 11y ago
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What term defines a time when there is an increase in money and a decrease in goods?
inflation
Which of these terms defines a time when there is an increase in money and a decrease in goods?
Inflation
What happens to money demand when there is an increase in interest rates?
money demand will decrease
Increase in money and decrease in goods?
A common cause for this is unemployment, or when an institution isn't functioning to its fullest potential due to lack of labor (labor being classified as a resource.)
If economy enters in boom period is demand for money increase or decrease?
increase
Is a time when there is a increase in money and a decrease in goods?
inflation
What term defines a time when there is an increase in money and a decrease in goods?
inflation
Which of these terms defines a time when there is an increase in money and a decrease in goods?
Inflation
What is the term for an increase in money or a decrease in goods?
When the amount of money increases at a faster rate than the production of goods, the result is inflation, an increase in prices as "more money pursues the same goods".
What happens to money demand when there is an increase in interest rates?
money demand will decrease
What happens when there is an increase in prices for goods and services combined with a reduction in the value of money?
When there is an increase in prices for good and services combined with a reduction in the value of money it is known as inflation.
Q: What is inflation?
Inflation is the rate of increase in prices over a given period of time.
Increase in money and decrease in goods?
A common cause for this is unemployment, or when an institution isn't functioning to its fullest potential due to lack of labor (labor being classified as a resource.)
If economy enters in boom period is demand for money increase or decrease?
increase
What is a fiscal policy designed to do?
Increase or decrease the money supply
An increase in the money supply is likely to decrease?
the prime rate
What inflation means?
Inflation is a continuous rise in the price of goods and services.The effect of Inflation is the increase of prices for goods and services within an economy. The cause of inflation in an increase in an economies capital (paper money) in circulation, where the value of money decrease and prices go up.A persistent, substantial rise in the general level of prices related to an increase in the volume of money and resulting in the loss of value of currency.In other contexts it means to increase the volume by air. When breathing in, you inflate your lungs.Inflation is a general and progressive increase in prices.
