Which of the Following Is T Regarding the Effect of Deficits

question 89

Multiple Choice

Which of the following is t regarding the effect of deficits from 1980-2005 in the U.S.?

• A) They did not lead to substantial inflation because the Fed did not monetize the deficits.
• B) They did not lead to substantial inflation because the Fed did monetize the deficits.
• C) They led to substantial inflation because the Fed did not monetize the deficits.
• D) They led to substantial inflation because the Fed did monetize the deficits.

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