In Virtually All Hyperinflations, Rapid Money Growth Begins to Occur

question 62

Multiple Choice

In virtually all hyperinflations, rapid money growth begins to occur because of:

• A) credit dominance.
• B) monetary dominance.
• C) exchange dominance.
• D) income dominance.
• E) fiscal dominance.

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Definitions:

Liquid

A state of matter characterized by a definite volume but no fixed shape, conforming to the shape of its container.

Direct Current

An electric current that flows in a single direction steadily, commonly used in batteries and DC power supplies.

Omnidirectional

Pertaining to radiation or reception of signals uniformly in all directions, often used in the context of antennas or microphone patterns.

Unidirectional

Moving in only one direction.