An inflation rate that exceeds 50 percent per month is referred to as:

A. anticipated inflation.
B. destructive deflation.
C. hyperinflation.
D. superflation.


Answer: C

Economics

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A. fiscal B. monetary C. aggregate D. contractionary

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In the figure above, between points A and B, what is the slope of the line?

A) 4 B) 1 C) 3 D) -3 E) 0

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Accounting profits are calculated as:

A. total revenue minus implicit costs. B. total revenue minus explicit costs. C. total revenue minus all opportunity costs, explicit and implicit. D. None of these is true.

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Does voluntary exchange create wealth (value)?

What will be an ideal response?

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