MCQOPTIONS
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| 1. |
Which one of the following is likely to be the most inflationary in its effect? |
| A. | Repayment of public debt |
| B. | . Borrowing from the public finance a budget deficit |
| C. | . Borrowing from banks finance a budget defici |
| D. | . Creating new money to finance a budget deficit |
| Answer» E. | |