The most famous hyperinflation was in ________ between August 1922 and November 1923, when inflation averaged 322 percent per month

Which of the following is correct?

a. A higher price level shifts money demand rightward. b. When money demand shifts rightward, the interest rate rises. c. A higher interest rate reduces the quantity of goods and services demanded. d. All of the above are correct.

Federal government budget deficits

A. tend to increase when the economy enters a recession. B. have tended to increase in the majority of years since 1980. C. have caused a growing national debt. D. have all of these characteristics.