Harmon Frank
05/08/2024 · Elementary School

Which of the following is consistent with the idea that high money supply growth leads to high inflation? The quantity theory and data from classic hyperinflations that occurred during the 1920s in Austria, Hungary, Germany, and Poland. Neither the quantity theory nor evidence from classic hyperinflations that occurred during the 1920s in Austria, Hungary, Germany, and Poland. Evidence from classic hyperinflations that occurred during the 1920s in Austria, Hungary, Germany, and Poland but not the quantity theory. The quantity theory but not evidence from classic hyperinflations that occurred during the 1920s in Austria, Hungary, Germany, and Poland.

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The quantity theory and the 1920s hyperinflations in Austria, Hungary, Germany, and Poland support the idea that high money supply growth leads to high inflation.

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