Multiple Choice
In virtually all hyperinflations,rapid money growth begins to occur because of
A) a war.
B) a change of government.
C) union demands for higher wages.
D) large and / or growing budget deficits.
E) the introduction of wage indexation in labor contracts.
Correct Answer:
Verified
Correct Answer:
Verified
Q24: A major reason to be concerned about
Q25: The deficit at natural level of output
Q26: In 2010,the debt-to-GDP ratio for the United
Q27: In the medium run,an increase in government
Q28: If the Ricardian equivalence proposition is correct,then
Q30: A higher deficit in the current year
Q31: Very high debt burdens can result in<br>A)fine
Q32: Hyperinflation refers to inflation in excess of
Q33: Which of the following will cause an
Q34: What are the primary causes of hyperinflations?