Inflation and Monetary Policy Quiz
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Questions and Answers

According to Amartya Sen, what is inflation?

  • A thief of the poor (correct)
  • A monetary phenomenon
  • A tax on savings
  • A consequence of too much money chasing too few goods

    • Which economist emphasized the role of the money supply in driving inflation?

  • Amartya Sen
  • John Maynard Keynes
  • Milton Friedman (correct)
  • Paul Krugman

    • According to John Maynard Keynes, what is inflation a consequence of?

  • Too much money chasing too few goods (correct)
  • A thief of the poor
  • A tax on savings
  • A monetary phenomenon

    • What did Paul Krugman highlight as the negative impact of inflation?

    <p>A tax on savings</p> Signup and view all the answers

    According to Joseph Stiglitz, what is inflation not just about?

    <p>Prices</p> Signup and view all the answers

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