Russia experienced a hyperinflation of 2,500 percent per year in the early 1990s, which dipped to 10 percent per year by 2006

a. True
b. False
Indicate whether the statement is true or false


True

Economics

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Conditional sales all involve the ________ relationship between ________.

A) horizontal; two buyers B) vertical; a seller and a buyer C) vertical; two sellers D) horizontal; a seller and a buyer

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Which of the following is a shortcoming of GDP?

a. GDP measures used goods and services. b. GDP includes changes in inventories. c. GDP includes the value of net exports. d. GDP does not make an allowance for leisure time.

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Look in your wallet. Your credit cards are

a. M1 money b. M2 and fiat money c. fiat money d. near money e. not money

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