The most likely cause of a hyperinflation is
A) central bank incompetence.
B) the inability to finance government spending through taxation or borrowing.
C) an acute shortage of natural resources.
D) over-aggressive labor unions.
Question 2
Collateral is used in all of the following credit arrangements, except
A) repurchase agreements.
B) automobile loans.
C) credit card lending.
D) mortgage lending.