60. 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

Click on the right option
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 ✅