Which of the Following Contributed to High Levels of Inflation

question 81

Multiple Choice

Which of the following contributed to high levels of inflation in the 1970s?
i. Soviet invasion of Afghanistan
ii. Loose monetary policy
iii. A productivity slowdown

• A) i only
• B) ii only
• C) iii only
• D) i and iii
• E) ii and iii

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Definitions:

Economic Times

A term that might refer to periods classified according to prevailing economic conditions or to a newspaper focusing on economic and financial news.

Corporate Buyout

The acquisition of controlling shares in a company, often resulting in a change in management and strategy.

Blackout

A temporary loss of consciousness, electricity, or the obscuration of memory, often caused by power failures, medical conditions, or heavy drinking.

Consequences

The outcomes, effects, or results that naturally follow from an action or condition.