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
InflationCauses of InflationInflationpublic debtbudget deficitborrowing from publicborrowing from bankscreation of new moneymoney supply