Question 13 One of the major problems associated with hyperinflation is the increased uncertainty associated with long-term contracts. O False O True D Question 14 Even expected inflation typically: O decreases average household consumption. increases the amount of taxes that people pay over time. increases real prices O decreases the number of long-term contracts signed.D Question 15 Which of the following identities represents the quantity theory of money? O MP = Kv O MV = PYR OP -M O MV = YR D Question 16 Monetizing the debt occurs when a government. O decreases the money supply to pay off the debts. pays off its debts by printing money. O raises tax to pay off the debt. O issues more debt to finance its budget deficit