What Does the Evidence from Hyperinflations Indicate with Respect to the Quantity

question 32

Multiple Choice

What does the evidence from hyperinflations indicate with respect to the quantity theory of money?

• A) Evidence shows that money growth and inflation moved together, which supports the quantity theory.
• B) Evidence shows that money growth and inflation moved together, which does not support the quantity theory.
• C) Evidence shows that money growth and inflation did not move closely with each other, which supports the quantity theory.
• D) Evidence shows that money growth and inflation did not move closely with each other, which does not support the quantity theory.

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