Hyperinflation is a period of time when
a. people "hoard" their money.
b. the price level explodes and the money supply decreases.
c. both the price level and taxes explode.
d. inflation is greater than 1,000%.
e. the price level rises faster than the money supply.
D
Economics
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Aggregate demand increases when
A) foreign incomes fall. B) interest rates rise. C) the exchange rate rises. D) None of the above answers is correct.
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Unlike perfect price discrimination, group price discrimination does NOT require
A) firms to have market power. B) the ability to distinguish between groups with different reservation prices. C) the ability to limit or prevent resale. D) None of the above.
Economics