Hyperinflation is caused by
A) a constant increase in the money supply.
B) a high rate of growth in the money supply.
C) real GDP growing more rapidly than the money supply.
D) the money supply growing more slowly than GDP.
Answer: B
Economics
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Foreign investment can give a low-income country
A) no hope to break the vicious cycle of poverty. B) a path to dependency and low growth. C) access to funds for investment and access to technology. D) the means to slow down growth.
Economics
What is equity, and how does it differ from efficiency?
What will be an ideal response?
Economics