What is the primary impact of an increase in the money supply?

Macroeconomic Policy Tools MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

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Subject
Macroeconomic Policy Toolseconomics-mcqs › macroeconomic-policy-tools
Published
31 May 2019
Last updated
28 May 2026

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Explanation

When the money supply grows, it typically leads to higher prices as more money chases the same amount of goods and services. Therefore, the initial effect is an increase in the price level.

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