Germany could have avoided the high inflation that it experienced in the 1920s by
a. not directing so many of its resources toward preparation for World War II.
b. not increasing taxes so much on the German middle class.
c. not allowing the quantity of money to increase so rapidly.
d. using government policies to stimulate the economy more so than what was done.
c
Economics
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Many public choice economists believe that elected political officials would make better choices if they had to vote for higher taxes in order to adopt new spending programs
a. True b. False Indicate whether the statement is true or false
Economics
The primary source of purchasing power used to buy imported goods is
a. the monetary sector. b. the balance of payments deficit. c. the exports of a nation. d. taxation and other revenue-generating activities.
Economics