According to the Monetarists,average Inflation Is Higher Today Than It

question 49

Multiple Choice

According to the Monetarists,average inflation is higher today than it was a hundred years ago because of

• A)the lack of fiscal responsibility.
• B)the increased use of stabilization policy.
• C)high interest rates,which increase the cost of borrowing.
• D)unstable investment demand.
• E)unstable money demand.

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