passpadi

2001

Economics

WAEC

If there is an increase in wages and salaries without a corresponding increase in the supply of goods and services, the situation will lead to

A.

a reduction in aggregate demand

B.

inflation

C.

depression

D.

budget surplus

Correct Answer: inflation

Explanation

This Question has no answer detail yet, Add one
passpadi
©2023 Passpadi. All rights reserved.