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29) A hyperinflation is almost always caused by: (no explanation required) having a marginal propensity to consume less than one excessive growth in the money
29) A hyperinflation is almost always caused by:
(no explanation required)
having a marginal propensity to consume less than one
excessive growth in the money supply
setting tax rates too high
raising the Fed funds rate when the economy is at full employment
30) It is generally agreed by most economists today that we need to:
(no explanation required)
increase the natural rate of unemployment
avoid extended periods of rapid money supply growth
return to the gold standard for international trade
use wage and price controls to prevent inflation
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