The United States was among the first of the modern industrial nations to establish a central banking system

Refer to Figure 2-4. Consider the following movements:

a. from point V to point W b. from point W to point Y c. from point Y to point Z Which of the movements listed above represents advancements in technology with respect to only plastic production? A) a, b, and c B) b and c only C) b only D) c only

If merchants in the country Zed choose to close their doors, preferring to be stuck with rotting merchandise rather than worthless currency, then one can conclude that Zed is experiencing a

A) superdeflation. B) hyperdeflation. C) disinflation. D) hyperinflation.