asked 31.4k views
7 votes
What happens to money when there is too much if it?

2 Answers

2 votes

Answer:

If there is too much money in circulation — both cash and credit — then the value of each individual dollar decreases. This explanation of inflation is called the demand-pull theory and is classically defined as "too much money chasing too few goods."

Step-by-step explanation:

answered
User Siv Rj
by
8.0k points
10 votes

Answer:

you spend it

Step-by-step explanation:

buy PS5 and new iPhone

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.