The most extreme inflationary conditions occurred

A) in Zimbabwe in 2008.
B) in Chile in 2012.
C) in Eastern Europe in the 1990s.
D) in Western Europe in the 1980s.
E) in Germany in 20013.

A

Economics

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Venture capital funds invest in the equity of

A) start-up companies. B) IPOs. C) hedge funds. D) convertible debt.

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If prices in the New Keynesian model were perfectly flexible, then

A) there would be a role for monetary policy. B) the output gap would be positive. C) the equilibrium real interest rate would be the natural rate of interest. D) the output gap would be negative.

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