A hyperinflation is
A) a period of extreme inflation generally greater than 50% per month.
B) a period of anxiety caused by rising prices.
C) an increase in output caused by higher prices.
D) impossible today because of tighter regulations.
A
You might also like to view...
Economists use the term wealth to mean
A) what a person earns. B) a person's investment. C) what a person owns. D) the amount of income that is spent and not saved. E) the same thing as income.
Suppose the federal government makes it mandatory for employers to provide health insurance to all employees. Assuming the new mandate applies to homebuilders, the
A) demand for construction workers is likely to increase. B) supply of new homes is likely to increase. C) supply of new homes is likely to decrease. D) supply of new homes will remain the same; businesses will simply "pass" the higher costs on to consumers.
Open-market purchases by the Fed make the money supply
a. increase, which makes the value of money increase. b. increase, which makes the value of money decrease. c. decrease, which makes the value of money decrease. d. decrease, which makes the value of money increase.
________ countries have explicit requirements about the number of parties that can participate in an election.
A. Most B. None C. All D. Few