Multiple Choice
Based on past experience,if a country is experiencing hyperinflation,then which of the following would be a reasonable guess?
A) The country has high money supply growth.
B) Inflation is acting like a tax on everyone who holds money.
C) The government is printing money to finance its expenditures.
D) All of the above are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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