A period of very high and accelerating inflation is known as

A) deflation.
B) disinflation.
C) hyperinflation.
D) nuclear inflation.


C

Economics

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In order for a price ceiling to have an effect on the market, must it be set above or below the equilibrium price? Why?

What will be an ideal response?

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In 2005, the cash assistance program with the highest total annual payments was TANF

Indicate whether the statement is true or false

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An example of traditional public-goods legislation is

a. price supports for dairy products b. a system of justice c. a tattoo removal program in San Luis Obispo, California d. tort-reform e. a labor union issue

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Positive externalities can be an example of market failure

Indicate whether the statement is true or false

Economics