Answered
To fund budget shortfalls, the government of Sineria, a country in South Asia, has started printing more money. Consequently, the supply of money has increased in the economy without corresponding increases in output quantity. This, in turn, has caused prices to rise as more money chases the same number of goods and services. This scenario most likely exemplifies _____.
A) commodification
B) privatization
C) deregulation
D) hyperinflation
On Jun 03, 2024