Which of the following countries did not experience hyperinflation in the past 20 years?
a. South Korea
b. Nicaragua
c. Ukraine
d. Bolivia
e. Argentina
a
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Feasible options are options:
A) that are available and affordable. B) that are available but not affordable. C) that are affordable but not available. D) that are optimal for an economic agent.
When Americans decrease their demand for Japanese goods
A) the supply of dollars will fall, and the demand for yen will fall. B) the supply of dollars will rise, and the demand for yen will rise. C) the demand for dollars will rise, and the demand for yen will rise. D) the demand for dollars will fall, and the demand for yen will rise.
A beneficial oil-price shock increases labor demand. What happens to current employment and the real wage rate?
A. Both employment and the real wage rate would increase. B. Both employment and the real wage rate would decrease. C. Employment would increase and the real wage would decrease. D. Employment would decrease and the real wage would increase.
Explain the difference between a change in demand and a change in quantity demanded
What will be an ideal response?