According to the Quantity Theory of Money,the Primary Cause of Inflation

question 96

Multiple Choice

According to the quantity theory of money,the primary cause of inflation is:

• A) the growth rate of the money supply.
• B) the growth rate of real GDP.
• C) productivity growth.
• D) the number of real economic shocks.

---

Definitions:

Population Growth

The increase in the number of individuals in a population, typically measured as a percentage change over time.

Productivity Growth

Productivity growth is the increase in efficiency of production of goods and services, measured by the output per unit of input, over a specific time period.

Medicare, Medicaid

Federal programs in the United States that provide health coverage; Medicare is for people over 65 or with certain disabilities, and Medicaid is for low-income individuals and families.

Malpractice Insurance

A type of professional liability insurance that protects healthcare providers against claims of negligence or incompetence.