From November 1993 to December 1994, the Democratic Republic of the Congo experienced an inflation rate of 69,502. This economic condition would best be described as:
a. Cost-push inflation
b. A cost-of-living adjustment
c. Anticipated inflation
d. Hyperinflation
d. Hyperinflation
Economics
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Brokers, in contrast to security dealers
A) hold inventories of securities. B) make their income through commissions. C) make their living on the spread between the bid price and the asked price. D) buy and sell securities at given prices.
Economics
What do economists mean when they say ceteris paribus?
What will be an ideal response?
Economics