The German inflation rate after World War I was measured in the thousands of percents. This condition is referred to as

a. fundamental inflation.
b. environmental inflation.
c. hyperinflation.
d. episodic inflation.

c

Economics

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Refer to Figure 24-1. Ceteris paribus, an increase in the growth rate of domestic GDP relative to the growth rate of foreign GDP would be represented by a movement from

A) AD1 to AD2. B) AD2 to AD1. C) point A to point B. D) point B to point A.

Economics

Seasonal adjustment tends to

A) smooth a time series with an important seasonal component. B) accentuate seasonal fluctuations. C) take out the deviations from trend in a time series. D) make a time series acyclical.

Economics