According to the Monetarists, the primary cause of inflation is:
a. large budget deficits.
b. high taxes.
c. rapid expansion of the money supply.
d. government expenditures that are large relative to the size of the economy.
c
Economics
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Explain the difference between discretionary and automatic fiscal policy. Provide examples of each
What will be an ideal response?
Economics
Holding other things constant, if the Japanese Yen, appreciates, it makes the imports to Japan
a. More expensive for Japanese customer b. Less expensive for Japanese customers c. Neither more or less expensive for importers d. None of the above
Economics