Refer to Table 19-11. Nominal GDP for Tyrovia in 2016 equals

In 1980, one Zimbabwean dollar was worth 1.47 U.S. dollars. By the end of 2008, the exchange rate was one U.S. dollar to 2 billion Zimbabwean dollars

When an economy experiences rapid increases in the price level such as what occurred in Zimbabwe, the economy is said to experience A) inflation. B) stagflation. C) hyperinflation. D) deflation.

When setting prices, the monopolist may choose to charge alternative customers different prices based on: a. geographical location. b. age

c. income. d. all of the above