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Which of the Following Statements Is TRUE

Question 8

Multiple Choice

Which of the following statements is TRUE?


A) hyperinflation often occurs in the aftermath of a war
B) large budget deficits are typical for a country experiencing hyperinflation
C) a government can utilize the inflation tax to finance at least part of its deficit
D) the inflation tax revenue is equal to the inflation rate multiplied by the real money base
E) all of the above

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