The country that suffered an extreme inflation rate of 89,700,000,000,000,000,000,000 percent in November 2008 was

The money multiplier is equal to

A) the government spending multiplier. B) 1/(reserve ratio). C) the marginal propensity to consume. D) the reserve ratio.

In the Brander-Spencer model the subsidy raises profits by more than the subsidy because of

A) the "multiplier" effect of government expenditures. B) the military-industrial complex. C) the forward and backward linkage effects of certain industries. D) the deterrent effect of the subsidy on foreign competition. E) the economies of scale once the company enters the market.