An analysis of countries experiencing rapid inflation indicates that inflation is generally
What will be an ideal response?
the result of rapid growth in the money supply.
You might also like to view...
Because the United States is highly integrated with the international capital market, international capital flows tend to
A. counteract the negative effect on aggregate demand of lower interest rates. B. counteract the positive effect on aggregate demand of higher interest rates. C. strengthen the negative effects on aggregate demand of higher interest rates. D. strengthen the negative effects on aggregate demand of lower interest rates.
Starting from long-run equilibrium, a large tax cut will result in a(n) ________ gap in the short-run and ________ inflation and ________ output in the long-run.
A. expansionary; higher; higher B. expansionary; higher; potential C. recessionary; higher; potential D. recessionary; lower; lower
What is microfinance, and how can it contribute to economic growth?
What will be an ideal response?
Which one of the following is a familiar type of asset-backed security?
a. U.S. Treasury bonds b. movie box-office receipts c. shares of stock in corporations d. securities backed by home mortgages e. none of the above