What is the condition in an economic system in which the amount of money available and the number of goods and services produced are growing at about the same rate?
A) Unemployment
B) Stability
C) Deflation
D) Inflation
E) Oversupply

Question

Quizplus · Accepted Answer

When the amount of money available and the number of goods and services produced are growing at about the same rate, the economy experiences stability. Unemployment is the condition of not being employed, while deflation is a decrease in the general price level of goods and services. In contrast, inflation occurs when the general price level of goods and services increases, and oversupply refers to a situation in which there is an excess of supply over demand.

What Is the Condition in an Economic System in Which