According to the Monetarists, the Primary Cause of Inflation Is

question 44

Multiple Choice

According to the Monetarists, the primary cause of inflation is:

• A) large budget deficits.
• B) high taxes.
• C) rapid expansion of the money supply.
• D) government expenditures that are large relative to the size of the economy.

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Definitions:

Sample Evidence

Data collected from a sample that is used to make inferences or conclusions about a larger population.

Level Of Significance

A predetermined threshold of probability below which the null hypothesis is rejected in hypothesis testing, typically set at 0.05 (5%).

Null Hypothesis

A hypothesis stating there is no significant difference or effect, or a specified parameter equals a certain value, in the population being studied.

Critical Value(s)

Threshold(s) in hypothesis testing that define the boundary or boundaries for rejecting the null hypothesis.