In an inflationary period which of the following statements is NOT true?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A Wages rise simultaneously with prices
- B The purchasing power of money diminishes
- C More money runs after a limited quantity of goods
- D Money supply increases
- E Aggregate real demand exceeds aggregate real supply
Correct Answer: Option A
Explanation:
Share question on: