9) Deficit financing aims to put more money into the economy by creating additional paper currency to fill the gap between expenditure and revenue. The device aims at economic development but if it fails, it generates :

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inflation

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reduction in the value of a currency vis-a-vis major internationally traded currencies

permitting the currency to seek its worth in the international market

fixing the value of the currency in conjunction with the movement in the value of a basket of pre-determined currencies

fixing the value of currency in multilateral consultation with the IMF, the World Bank and major trading partners

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