Which one of the following is likely to be the most inflationary in its effects? - Study24x7
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05 Dec 2023 12:10 PM study24x7 study24x7

Which one of the following is likely to be the most inflationary in its effects?

A

Repayment of public debt

B

Borrowing from the public to finance a budget deficit

C

Borrowing from the banks to finance a budget deficit

D

Creation of new money to finance a budget deficit

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