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.

---

Definitions:

Future Outcomes

Predictions or expectations about what will happen in the future, often used in the context of financial forecasting or planning.

Master Budget

A comprehensive financial planning document that consolidates all of a company's budgets and plans for operations, financing, and investment activities.

Long-term Plans

Strategic plans or goals set by a business intended to be achieved over a lengthy period, often spanning several years.

Budget Operation

The process of preparing, implementing, and monitoring a financial plan for an organization's activities and financial performance.