Countries that experience very high rates of inflation may also have
A) balanced budgets.
B) rapidly growing money supplies.
C) falling money supplies.
D) constant money supplies.
B
Economics
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Stagflation refers to
A) a reduction in inflation. B) a simultaneous reduction in inflation and reduction in unemployment. C) a liquidity trap. D) reduction in the price level and a reduction in the unemployment rate. E) none of the above
Economics
The monopolistic competition market structure is characterized by:
a. few firms and similar products. b. many firms and differentiated products. c. many firms and a homogeneous product. d. few firms and a homogeneous product.
Economics