Geography book 2 page 11

Which of the following statements best describes the quantity theory of inflation? a.inflation occurs because production cost rise and this cost increase is passed on to consumers in the form of higher prices b. inflation occurs because there is too much money in the economy c. inflation occurs because demand of good and services exceeds existing supplies d. none of these

Which event most likely explains renewed demand in a recovery period? consumers choose to save more and spend less. economic policy renews consumer confidence and demand. producers decrease prices to prompt demand and recovery. production decreases to prompt increased demand.

Following lenins death, who took control of the soviet union