Which of the Following Is Consistent with the Idea That

question 89

Multiple Choice

Which of the following is consistent with the idea that high money supply growth leads to high inflation?

• A)the quantity theory and evidence from four hyperinflations during the 1920's
• B)the quantity theory but not evidence from four hyperinflations during the 1920's
• C)evidence from four hyperinflations during the 1920's but not the quantity theory
• D)neither the quantity theory nor evidence from four hyperinflation during the 1920's

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