Question

Inflation occurs when supply of money is the availability of goods and services in an economy.

• A. more than
• B. lesser than
• C. equal to

Answer 1

The correct option is B lesser than

Inflation is the process in which the price of a product increases over a period of time. When prices increase drastically, not everyone can afford to buy the products at high prices and the poor bear the brunt of this price rise.