What does the evidence from hyperinflations indicate with respect to the quantity theory of money? a. Evidence
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Question:
What does the evidence from hyperinflations indicate with respect to the quantity theory of money?
a. | Evidence shows that money growth and inflation moved together, which supports the quantity theory. | |
b. | Evidence shows that money growth and inflation moved together, which does not support the quantity theory. | |
c. | Evidence shows that money growth and inflation did not move closely with each other, which supports the quantity theory. | |
d. | Evidence shows that money growth and inflation did not move closely with each other, which does not support the quantity theory. |
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