Which country most recently experienced hyperinflation?

If a $15 billion reduction in taxation produces a change of $20 billion in output, the value of the government taxation multiplier is ________

A) 35 B) 0.75 C) 5 D) 1.3

If a firm is selling a quantity that is NOT on its best-response curve it

A) will go out of business. B) is in a Nash equilibrium. C) will want to change its behavior. D) is operating in a duopoly.