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
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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