The textbook uses as its precise definition of hyperinflation an inflation rate
A) below zero.
B) of less than one percent per year.
C) of more than one hundred percent per year.
D) of more than one thousand percent per year.
E) of more than fifty percent per month.
D
You might also like to view...
The marginal propensity to save is 0.2. Equilibrium real GDP will decrease by $50 billion if aggregate expenditures schedule decrease by
A. $15 billion. B. $10 billion. C. $16 billion. D. $40 billion.
Refer to Figure 13-2. Ceteris paribus, a decrease in productivity would be represented by a movement from
A) SRAS1 to SRAS2. B) SRAS2 to SRAS1. C) point A to point B. D) point B to point A.
You purchased an automobile a year ago for $10,000 . Its current market price is $6,000 . and the expected market value one year from now is $4,000 . If the interest rate is 10 percent, how much will it cost you to keep the car for an additional year (over and above operation and maintenance costs)?
a. $2,000 b. $2,600 c. $4,000 d. $6,000
Which of the following will most likely cause a nation's currency to appreciate on the foreign exchange market?
A. A decrease in domestic interest rates B. An increase in foreign interest rates C. Domestic inflation of 10 percent while the nation's trading partners are experiencing stable prices D. Stable domestic prices while the nation's trading partners are experiencing 10 percent inflation