Large or Persistent Inflation Is Almost Always Caused by

question 79

Multiple Choice

Large or persistent inflation is almost always caused by

• A) excessive government spending.
• B) excessive growth in the quantity of money.
• C) foreign competition.
• D) higher-than-normal levels of productivity.

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Definitions:

Investment Turnover

A financial ratio that measures the efficiency of a company's use of investments in assets to generate sales or revenue.

Return On Sales

A financial ratio that calculates the percentage of sales revenue that has turned into profits, indicating how efficiently a company is operating.

Sales Revenue

The full income received from goods sales or service delivery before taking out any operational costs or expenditures.

Return On Investment

A financial metric that calculates the profitability of an investment by dividing the profit (or loss) by the cost of the investment.