In Less Than Two Years in the Early 1920s,the Cost

Multiple Choice

In less than two years in the early 1920s,the cost of a German newspaper rose from 0.30 marks to 70,000,000 marks.This is a spectacular example of

A) market power caused by a change in the country's standard of living.
B) market power caused by a single firm controlling the newspaper production.
C) inflation caused by increased productivity in the economy.
D) inflation caused by an increase in the quantity of money in the economy.