In the Hyperinflations Between World War I and World War

Multiple Choice

In the hyperinflations between World War I and World War II, nominal money growth rates were:

A) about equal to the ratio of the budget deficit to GDP.
B) about right to maximise the amount of seignorage.
C) larger than needed to maximise seignorage.
D) larger than needed to finance the budget deficit.
E) surprisingly low.