Hyperinflations are caused by
a. persistant falls in aggregate supply.
b. increases in poverty levels.
c. high levels of money growth over sustained periods of time.
d. falls in the velocity of money.
C
Economics
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Transactions costs in international financial markets are higher today than they were in the past
Indicate whether the statement is true or false
Economics
A good is considered nonexcludable if
a. many individuals can share in the consumption of the same unit of the good. b. the consumption of the good by one individual lowers the amount available for others. c. it is impossible or very costly to exclude nonpaying customers from receiving the good. d. its production is financed through tax revenue rather than market prices.
Economics