Many countries in Latin America experienced raging _________________ during the years of the 1980s and early 1990s with inflation rates often well above 100% per year.

The benefit of a subsidy paid on each unit sold will go entirely to the sellers in the market if

A) the supply curve is perfectly inelastic. B) if the subsidy is paid to producers. C) the demand curve is perfectly elastic. D) the supply is perfectly elastic.

Under George W. Bush's administration, antitrust policy:

a. became much more strict. b. prohibited every merger attempts. c. focused increasingly on environmental concerns. d. became more relaxed. e. ignored financial regulation and corporate scandals.