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If there is a decrease in the money supply that causes money ot gain purchasing power and prices to fall what is this called

If there is a decrease in the money supply that causes money ot gain purchasing power and prices to fall what is this called
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if there is a decrease in the money supply that causes money ot gain purchasing power and prices to fall what is this called

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User Siddh
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2 Answers

6 votes

Answer: Deflation

Explanation:

Just took the test :)

answered
User Stillmotion
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2 votes

It is known as inflation.

answered
User Thomas Dufour
by
7.8k points
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