During most episodes of hyperinflation,

A) the inflation rate is high but constant.
B) the inflation rate decreases over time.
C) the inflation rate increases over time.
D) the inflation rate first increases, and then remains constant.
E) the inflation rate increases over time, but then rapidly decreases on its own.


C

Economics

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When market wages increase in a perfectly competitive market, then

A) the marginal factor cost increases. B) the marginal product increases. C) the marginal factor cost decreases. D) the marginal product decreases.

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