Excessive creation of new money to finance a government budget deficit can lead to
A) stagflation. B) disinflation. C) hyperinflation. D) deflation.
C
Economics
You might also like to view...
The percentage of U.S. families below the poverty line is approximately
a. 5 percent b. 10 percent c. 25 percent d. 45 percent e. 65 percent
Economics
Which of the following statements is a normative as opposed to a positive economic statement?
A) Consumer spending helps to create jobs. B) If the price of gasoline goes up, people buy less gasoline. C) Labor unions should be allowed to organize in every industry. D) Government intervention in markets is common in many countries.
Economics