The most likely explanation for the high inflation rates that countries like Russia and the Ukraine have suffered is that
A) large inflows of foreign funds increase the money supply, causing inflation.
B) without inflation, these countries would be unable to achieve high rates of growth.
C) borrowing from the central bank is the most expedient method of funding the government's expenditures.
D) the flood of financial innovations has increased liquidity in these nations' economies.
C
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Americans who benefit from immigration include
a. firms that hire immigrants. b. workers whose skills are complementary with immigrants' skills. c. consumers who purchase goods produced using immigrants labor. d. property owners who own land in immigrant neighborhoods. e. All of the above.
What happens to quantity supplied when the price is raised?
A. It rises B. It falls C. It stays the same D. It cannot be determined if it rises, falls, or stays the same
If the price of a good in the U.S. is $10, the exchange rate is 2 units of foreign currency per dollar, and the foreign price of the same good is 30 units of foreign currency, then the real exchange rate is 2/3
a. True b. False Indicate whether the statement is true or false
Which of the following is not typically used for qualifying mortgages as prime or subprime?
A. The loan to value ratio B. The borrower's ethnicity C. The borrower's income D. The borrower's credit score