In Zimbabwe, the government stopped the country's hyperinflation by

A) reducing domestic monetary growth drastically.
B) returning to a gold/silver currency standard.
C) switching to foreign currencies. that are relatively stable.
D) passing a law making price increases illegal.
E) implementing a new currency based on diamonds.

C

Economics

You might also like to view...

Average total cost is equal to average variable cost minus average fixed cost

Indicate whether the statement is true or false

Economics

Compared to an economy that uses a medium of exchange, in a barter economy

A) transaction costs are higher. B) transaction costs are lower. C) liquidity costs are higher. D) liquidity costs are lower.

Economics