Determine if the following statement is true or false:

much of the region north of new zealand's north island is made up of seamounts and small islands, including 16 submarine volcanoes.

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