if over a period of time there is more money in the economy than the available goods and services , the economy is likely to experience

Answer Details

If over a period of time there is more money in the economy than the available goods and services, the economy is likely to experience inflation. This is because when there is too much money chasing too few goods, the prices of goods and services will rise. This can lead to a decrease in purchasing power of the currency, as it requires more money to buy the same amount of goods and services. Inflation can have negative effects on an economy, such as reducing the value of savings, decreasing investment, and causing social and political unrest.