Which of the following does NOT contribute to the choice of a policy of hyperinflation?
A) war
B) increased price of energy paid to foreigners
C) price of export commodities increase
D) diminished ability to collect taxes
C
Economics
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The basic idea behind moral hazard is that ________
A) some economic transactions impose an additional cost on society B) some economic transactions give rise to an additional benefit to society C) people tend to take more risks if they do not have to bear the costs of their behavior D) people do not reveal their true preference for goods that are non-excludable in consumption
Economics
What are the conditions that characterize the sellers' side in a perfectly competitive market?
What will be an ideal response?
Economics