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Author Question: Hyperinflation is defined as A) declining inflation rates. B) rising but low inflation rates. ... (Read 120 times)

Chelseaamend

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on: Jun 29, 2018
Hyperinflation is defined as
 
  A) declining inflation rates.
  B) rising but low inflation rates.
  C) very high inflation rates.
  D) very low inflation rates.

Question 2

If macaroni and cheese is an inferior good, then a decrease in income will result in
 
  A) an increase in the demand for macaroni and cheese.
  B) a decrease in the demand for macaroni and cheese.
  C) an increase in the supply of macaroni and cheese.
  D) a decrease in the supply of macaroni and cheese.


mmj22343

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


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