Which of the following is the primary cause of hyperinflation?
A) A decrease in government purchases
B) An excessive increase in money supply
C) High interest rates
D) High levels of taxation
E) Large subsidies on necessity goods
Correct Answer:
Verified
Q81: If nominal GDP is $954 billion and
Q82: According to the equation of exchange, an
Q83: An increase in the interest rates will:
A)cause
Q84: During the sixteenth century, Spanish conquistadors like
Q88: If the money supply increased by 4
Q89: If the money supply grew by 6
Q90: Higher rates of inflation would tend to:
A)increase
Q91: If inflation is the major problem in
Q151: Outline the policy choices for contractionary and
Q251: Suppose the banking system as a whole
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents