Question 11 Figure 1: Inflation rate in Peru and U.S. (1980 2009) 8000 -200 7000- 6000 - 160 5000- 120 4000- 3000- -80 2000- 40 1000 0. 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08 PERU - USA Refer to figure 1. What can be implied from the evolution of the inflation rates in Peru and the U.S. in the sample period shown? (Hint: Remember the principles of economics. What generates inflation?) O In the late 1980s, the growth rate of monnuu

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Question 11
Figure 1: Inflation rate in Peru and U.S. (1980 - 2009)
8000
200
7000
6000
160
5000-
120
4000-
3000-
80
2000-
40
1000-
0.
80 82 84 86 88 90 92 94 96 98 00 02 04 06 08
PERU
-USA
Refer to figure 1. What can be implied from the evolution of the inflation rates in Peru and the
U.S. in the sample period shown? (Hint: Remember the principles of economics. What generates
inflation?)
O In the late 1980s, the growth rate of money was in the U.S. and Peru was similar.
In the late 1980s, the growth rate of money was higher in the U.S. than it was in Peru.
O In the late 1980s, the growth rate of money was positive in the U.S. and negative in Peru.
O In the late 1980s, the growth rate of money was lower in the U.S. than it was in Peru.
Quertio
Transcribed Image Text:Question 11 Figure 1: Inflation rate in Peru and U.S. (1980 - 2009) 8000 200 7000 6000 160 5000- 120 4000- 3000- 80 2000- 40 1000- 0. 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08 PERU -USA Refer to figure 1. What can be implied from the evolution of the inflation rates in Peru and the U.S. in the sample period shown? (Hint: Remember the principles of economics. What generates inflation?) O In the late 1980s, the growth rate of money was in the U.S. and Peru was similar. In the late 1980s, the growth rate of money was higher in the U.S. than it was in Peru. O In the late 1980s, the growth rate of money was positive in the U.S. and negative in Peru. O In the late 1980s, the growth rate of money was lower in the U.S. than it was in Peru. Quertio
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