During periods of hyperinflation, which of the following is the most likely response of consumers?
a. Spend money as fast as possible.
b. Lend money.
c. Invest as much as possible.
d. Save as much as possible.
a
Economics
You might also like to view...
________ in the foreign interest rate causes the demand for domestic assets to ________ and the domestic currency to depreciate, everything else held constant
A) An increase; increase B) An increase; decrease C) A decrease; increase D) A decrease; decrease
Economics
Refer to the diagrams. Other things equal, an interest rate decrease will:
A. shift curve A to the right and shift curve B upward.
B. shift curve A to the left and shift curve B downward.
C. leave curve A in place but shift curve B downward.
D. leave curve A in place but shift curve B upward.
Economics