If a country experiences a high rate of inflation, then the demand for that country's currency will increase

a. True
b. False
Indicate whether the statement is true or false

False

Economics

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Everything else held constant, if aggregate output is to the left of the LM curve, then there is an excess ________ of money which will cause the interest rate to ________

A) supply; fall B) supply; rise C) demand; fall D) demand; rise

Economics

Which of the following is not true for a public good?

a. Marginal cost of serving public good to one more person is zero. b. Free rider problem arises in case of public goods. c. Exclusion is not possible in most of the public goods. d. Public goods include only material commodities.

Economics