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If there is a lack of money supply in co...

If there is a lack of money supply in comparison to the supply of goods and services, then the possible consequence would be_____.

A

Hyperinflation

B

Deflation

C

Devaluation

D

Inflation

Text Solution

Verified by Experts

The correct Answer is:
B
Deflation :- Deflation refers to the state when the price of the goods and services is kept on decreasing. Negative inflation is also known as Deflation.
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