Recall the Application About the Study by Thomas J

question 91

Multiple Choice

Recall the Application about the study by Thomas J. Sargent of hyperinflations after World War I in Germany, Austria, Hungary, and Poland, and how those hyperinflations ended, to answer the following question(s) .
-According to this Application, Sargent found that in each of the four cases studied, hyperinflation ended

• A) when the governments were overthrown and the central banks were dissolved.
• B) with the creation of a central bank and change in the way that governments were financed.
• C) when the central banks were given less independence and the governments required the central banks to stop printing money.
• D) by increases in government spending to stimulate the economy and boost the private sector.

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Definitions:

Pill

A small, round, solid pharmaceutical oral dosage form of medication that can contain various active ingredients.

Pain

A distressing sensation and emotional experience linked to tissue damage or described in terms of such damage.

Positive Punishment

A behavior modification technique where an undesirable behavior is followed by an unpleasant stimulus to decrease the likelihood of the behavior's recurrence.

Teasing

The act of playfully or mockingly disturbing or provoking someone with remarks, questions, or actions.