Multiple Choice
Recall the Application about the study by Thomas J. Sargent of hyperinflations after World War I in Germany, Austria, Hungary, and Poland, and how those hyperinflations ended, to answer the following question(s) .
-According to this Application, Sargent found that in each of the four cases studied, hyperinflation ended
A) when the governments were overthrown and the central banks were dissolved.
B) with the creation of a central bank and change in the way that governments were financed.
C) when the central banks were given less independence and the governments required the central banks to stop printing money.
D) by increases in government spending to stimulate the economy and boost the private sector.
Correct Answer:

Verified
Correct Answer:
Verified
Q86: A nation that cannot borrow money but
Q87: What must a government do to end
Q88: During the early 1980s, one effect of
Q89: Suppose workers negotiate for a 5 percent
Q90: According to the rational expectations theory<br>A) the
Q92: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2855/.jpg" alt=" -Using Figure 16.1,
Q93: Recall the Application about the increase in
Q94: Suppose the economy has been at full
Q95: During hyperinflations, prices are<br>A) not changing.<br>B) decreasing
Q96: All else equal, if workers confuse real