Which statement reflects historians' current assessment of the cause of 16th century inflation in europe?
select the best answer from the choices provided.
a.
inflation was caused by english dependence on triangular trade.
b.
increased population and prosperity caused an increased demand for goods.
c.
a drought ravaged western european crops, causing an increased demand for goods and therefore higher prices.
d.
the autocratic policies of the french king, louis xiv, led to higher prices and inflation.