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:

Teenagers

Individuals who are in their teen years, typically understood as being between the ages of 13 and 19, a developmental stage characterized by significant physical, psychological, and social changes.

Stressful Events

Situations or occurrences that cause significant strain, anxiety, or pressure on an individual.

Social Resources

Assets, both material and nonmaterial, available within a community or society that individuals and groups can access for support.

Depression

A psychological condition marked by a continuous feeling of sadness or a lack of enthusiasm for things, leading to a substantial disruption in everyday life.