Author Question: Hyperinflation A) occurs in the United States during each business cycle. B) has never occurred ... (Read 123 times)

LCritchfi · **on:** Jun 29, 2018

Hyperinflation

A) occurs in the United States during each business cycle.
B) has never occurred in the United States.
C) is a period of time when inflation exceeds 20 percent per year.
D) happens in all countries at some time during their business cycle.
E) occurs only in theory, never in reality.

Question 2

The exchange rate between currencies of different countries is controlled primarily by supply and demand in currency markets.

Indicate whether the statement is true or false