Principles of Economics, 7th Edition

Published by South-Western College
ISBN 10: 128516587X
ISBN 13: 978-1-28516-587-5

Chapter 1 - Part I - Ten Principles of Economics - Quick Check Multiple Choice - Page 17: 6

Answer

a) the central bank creating excessive amounts of money

Work Step by Step

Inflation is an increase in the overall level of prices in the economy. In almost high and persistent inflation, the reason is because the increase in amounts of money.
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