When the Government Prints Money Faster Than Output Is Expanding

question 135

Multiple Choice

When the government prints money faster than output is expanding, the inflation that will occur is a form of

• A)subsidy.
• B)quota.
• C)production.
• D)taxation.

---

Definitions:

Subjective Method

A method of assigning probabilities on the basis of judgment.

Probabilities

Measures of the likelihood that an event will occur, expressed as a number between 0 and 1.

Probability Values

Numerical values that represent the likelihood of the occurrence of a specific event or outcome.

Mutually Exclusive

Two or more events that cannot happen at the same time; the occurrence of one event precludes the occurrence of the other(s).