Multiple Choice
During a bout of hyperinflation, suppose the country of Weimar announces it will be rolling out a new currency, the Weimar Mark, which is worth 1 million Marks. Neutrality of money suggests this change will:
A) not influence prices in the overall economy.
B) dramatically decrease real wealth.
C) only change core inflation.
D) None of these are true.
Correct Answer:
Verified
Correct Answer:
Verified
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