Hyperinflation can be caused by

A) the central bank selling bonds to the government.
B) the government selling bonds to the public.
C) the central bank selling bonds to the public.
D) the government selling bonds to the central bank.


D

Economics

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The presence of an incentive system that encourages growth

A) guarantees that growth will occur. B) creates the right conditions for growth to occur. C) cannot exist in poor countries. D) existed even in hunter-gatherer societies. E) means that the government must be a democracy.

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If the marginal propensity to consume is 0.80, the value of the spending multiplier will be 5

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

Economics

Perfectly competitive markets have absolutely no drawbacks

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

Economics

An advance in technology in the production of good X causes

A) a rightward shift in the supply curve for good X. B) a leftward shift in the supply curve for good X. C) the supply curve for good X to change from upward sloping to vertical. D) the supply curve for good X to change from vertical to upward sloping.

Economics