This topic contains a solution. Click here to go to the answer

Author Question: The main reason that hyperinflation renders a currency worthless is that ________. A) the ... (Read 19 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
The main reason that hyperinflation renders a currency worthless is that ________.
 
  A) the government cannot print money fast enough to keep up with the rising prices
  B) laws against raising prices are easily evaded
  C) reducing government expenditures is politically unpopular
  D) the government's official inflation rate is always a gross understatement
  E) as soon as inflation seems out of control, everyone knows that the currency will soon lose whatever value it has today

Question 2

The LM curve slopes upward because
 
  a. as income rises, savings rise, increasing output.
  b. as interest rates rise, the money supply rises, increasing output.
  c. as interest rates rise, planned investment must fall, increasing output.
  d. as income increases, money demand rises, which increases interest rates.
  e. none of the above.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

phuda

  • Sr. Member
  • ****
  • Posts: 348
Answer to Question 1

E

Answer to Question 2

D




scienceeasy

  • Member
  • Posts: 565
Reply 2 on: Jun 30, 2018
:D TYSM


connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

For a complete list of videos, visit our video library