Inflation is the increase in the general price level (or overall level of prices) in the economy within a given period of time. Therefore, the high and persistent inflation rates that Turkey experienced for more than twenty years is due to the similarly persistent growth in the quantity of money in circulation. On the other hand, any rise in productivity level would have boosted the living standards of Turkish people. As for the unemployment, a high level of unemployment is usually considered as the result of measures (such as cutting money supply) taken to control inflation. The correct answer is B.