During hyperinflation, the value of money.....

What will be an ideal response?


falls rapidly

Economics

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Suppose the inflation rate target is "0" and the long run federal funds target is also "0." If the inflation rate is 4% and the output gap is -2%, the federal funds rate set by the Taylor rule is ________

A) 8% B) 2% C) 5% D) 6%

Economics

Using the data in the above table, when the firm increases its output from 4 to 9 units, the marginal cost of a unit is

A) $4.00 a unit. B) $5.00 a unit. C) $6.00 a unit. D) $7.00 a unit.

Economics

Refer to the figure above. A tariff of ________ would be purely protective

A) $0 B) $5 C) $8 D) $10

Economics

A move from J to K represents


A. a change in quantity supplied.
B. no change in supply.
C. an increase in supply.
D. a decrease in supply.

Economics