When a government prints money to finance its expenditures, it is likely to cause
A) unemployment.
B) inflation.
C) deflation.
D) reductions in the use of barter.
B
Economics
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The financial systems of __________ have major firms working all their external financing through a single bank
A) Japan and the United Kingdom B) the United States and the United Kingdom C) Germany and the United Kingdom D) Japan and Germany
Economics
What prompted the large increase in tax rates in 1932 in the midst of an economic recession?
a. concern that inflation would rise due to increases in real output and aggregate demand b. expansionary fiscal policy designed to stimulate aggregate demand c. the Keynesian view that taxes should be increased during a recession d. the view that the federal government should maintain a balanced budget
Economics