What is a hyperinflation?

A. It is an inflation rate in excess of 200 percent per year.
B. It is a combination of excessive increase in the price level and rising unemployment.
C. It refers to a situation where a country's money supply is no longer backed by gold.
D. It is a situation in which financial markets collapse and the government is forced to print money.

Ans: A. It is an inflation rate in excess of 200 percent per year.

Economics

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If the cost of capital increased to 25%, does the firm invest in the printer?

a. Yes because the NPV>0 b. Yes because the NPV=0 c. Need information on the marginal benefits and costs d. No because the NPV<0

Economics

Apple just announced it will be coming out with the newest model iPhone in the next six months. One could reasonably expect demand for the current model of iPhone to:

A. decrease due to a change in expectations of future prices. B. increase due to a change in expectations of future prices. C. increase due to limited supply of the current model. D. decrease due to the change in price of a substitute good.

Economics