What will happen if a country uses money creation to finance a large and expanding national debt? Group of answer choices: a. Real output and employment will grow rapidly. b. Nominal interest rates will fall. c. The foreign exchange value of the currency will increase. d. The rate of inflation will rise.

Please give me correct answers with explanation and dont use chatGPT and not reject questions

Assume that the economy is operating with falling real GDP and higher than usual unemployment. What policy might the government pursue? (assume government chooses independent monetary policy and free flows of capital) A Government chooses to borrow on foreign markets B Government lowers tax rates Government increases taxes Government lowers currency exchange rate to encourage exports

Austrians would support the following policies as a means for more quickly ending the recession A. abolishing Fed open market operations and freezing the monetary base B. freezing prices and wages at their current levels instead of trying to reflate them back to their former level during the boom C. raising taxes in order to reduce government deficits D. both A and B