The German Hyperinflation of the early 1920s was caused by
A) the German government raising funds for expenditures by selling bonds to the central bank.
B) an overly aggressive monetary policy implemented to combat a severe recession.
C) rising oil prices after World War I caused a severe stagflation and hyperinflation.
D) large deficits resulting from the high levels of war spending and falling taxes.
Correct Answer:
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