What term means an explosive and seemingly uncontrollable inflation in which money loses value rapidly and may even go out of use?
A) superinflation
B) stagflation
C) hyperinflation
D) maginflation
E) deflation
C
Economics
You might also like to view...
Road pricing will improve the allocation of resources to transportation
Indicate whether the statement is true or false
Economics
In constructing models, economists
A) include all independent variables. B) include all available information. C) attempt to duplicate the real world. D) make simplifying assumptions.
Economics
At the present, saving is ______.
a. not taxed b. taxed at a relatively low rate c. taxed at a relatively high rate d. seldom taxed
Economics
The Coase theorem is reliant on ______ property rights.
a. club b. public c. undefined d. well-defined
Economics