Economic stagnation coupled with high inflation is commonly called:
A. stagflation.
B. inflationary stagnation.
C. stagnatory growth.
D. inflagnation.
Answer: A
You might also like to view...
Refer to Scenario 4 . What is the opportunity cost of building one more prison?
What will be an ideal response?
When banks operate to match savers and borrowers to increase the efficiency of financial markets, their role is known as
A) financial intermediary. B) lender of the last resort. C) financial market regulator. D) central bank.
If you knew that an investment was going to pay you $128 in 5 years, and you knew that the annual interest rate over that time would be 5 percent, you could calculate the present value to be:
A. $95. B. $90. C. $105. D. None of these is true.
A . What action would a government take to keep its exchange rate from rising if demand for its currency increases? b. Why would a government want to keep its exchange rate from rising?