There was hyperinflation during the
a. period 1880-1896 in the United States.
b. 1970s in the United States.
c. early part of the current century in Zimbabwe.
d. All of the above are correct.
c
Economics
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In open market operations, when the Fed __________ securities, bank reserves __________
A) buys; contract B) buys; expand C) sells; expand D) None of the above.
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One of the characteristics of an oligopoly is
A) many sellers. B) easy entry. C) interdependence in decision making. D) the use of patents to protect market share.
Economics