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