In the Early 1990s, Serbia, a Developing Country, Experienced Hyperinflation

Multiple Choice

In the early 1990s, Serbia, a developing country, experienced hyperinflation because its central bank increased the money supply too rapidly. Serbia's central bank most likely adopted this monetary policy because:

A) it didn't care about inflation.
B) it believed that its actions would not trigger inflation.
C) the Serbian government granted independence to the central bank.
D) the Serbian government had no other way to finance its expenditures.