Which country most recently experienced hyperinflation?
a. Germany
b. Zimbabwe
c. Chile
d. all of the above
b
You might also like to view...
Investment decreases by $300 billion, government expenditure is unchanged, and exports increase by $500 billion. As a result, autonomous expenditure ________, the total expenditure ________, and equilibrium real GDP ________
A) increases by $800 billion; increases; increases by more than $800 billion B) increases by $200 billion; increases; increases by more than $200 billion C) decreases by $300 billion; decreases; decreases by more than $300 billion D) is unchanged; is unchanged; is unchanged E) increases by $500 billion; is unchanged; increases by more than $500 billion
Tonya, who is rich, and Jerome, who is poorer, both buy orange juice and croissants for lunch at the student cafeteria. Their budget constraints on a diagram with orange juice on the vertical axis and croissants on the horizontal have the same
A) horizontal intercepts. B) vertical intercepts. C) slopes. D) midpoints.
Wages often respond slowly to changes in output
a. True b. False
The entry of new firms into a perfectly competitive market shifts the demand curve outward
a. True b. False Indicate whether the statement is true or false