A general increase in the price level is called:
A. hyperinflation.
B. deflation.
C. inflation
D. devaluation.
Ans: C. inflation
Economics
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An exchange rate crisis may lead to a banking crisis and disintermediation
Indicate whether the statement is true or false
Economics
Which of the following criticisms is NOT directed at the IMF?
A) It lacks openness in its decision-making process. B) It serves the interests of wealthier countries. C) It creates a free-riding problem. D) It violates national sovereignty.
Economics