When the Money Supply and the Price Level in Countries

question 119

Multiple Choice

When the money supply and the price level in countries that experienced hyperinflation are plotted on a graph against time,we see that

• A)the price level grew at about the same rate as the money supply.
• B)the price level grew at a much faster rate than the money supply.
• C)the price level grew at a much slower rate than the money supply.
• D)the inflation rate and the money supply growth rate do not appear to be related.

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Definitions:

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Refers to the developmental stage ranging from approximately six to twelve years of age, marked by significant growth in cognitive, social, and emotional areas.

Biological Processes

Changes in an individual’s body.

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Relating to the mental processes of perception, memory, judgment, and reasoning, as contrasted with emotional and volitional processes.

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Pertaining to the intersection of social processes and emotional development or experience.