An inflation rate that exceeds 50 percent per month is referred to as
A) hyperinflation. B) destructive deflation.
C) superflation. D) anticipated inflation.
A
Economics
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The government of Putania spent $67,000,000 in a particular year, and the total tax receipts of the government in that year were $120,000. Calculate the budget deficit
A) $600,000 B) $680,000 C) $67,120,000 D) $66,880,000
Economics
Refer to the scenario above. If the market for Good Y is monopolistically competitive, a firm producing Good Y will shut down production in the short run if price falls below ________
A) $60 B) $200 C) $120 D) $50
Economics