In physical size, Canada is:
1. the largest nation in the world
2. the tenth largest nation in the world
3. smaller than Russia, United States of America, Brazil, and France
4. the second largest nation in the world

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